ITIETF technical summary

At ₹36.45, ICICI Prudential Nifty IT ETF is trading 8.5% above its 50-day average of ₹33.58 and 8.1% above its 200-day average of ₹33.73. The 14-day RSI is 38.7, in the neutral range between 30 and 70. MACD is -0.35 against a signal line of -0.10, so the MACD line sits below its signal line. ADX(14) reads 19.1, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹28.54 to ₹44.3, with the price 50% of the way up it. Classic daily pivot levels from the 16 Sept 2026 session: pivot ₹32.72, resistance ₹33.24 and ₹33.61, support ₹32.35 and ₹31.83.