Kotak Nifty 50 ETF technical analysis

According to the latest Pivot data, Kotak Nifty 50 ETF’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹282.28, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹284.36, ₹287.46, and ₹289.54, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹279.18, ₹277.1, and ₹274, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Kotak Nifty 50 ETF’s price movement.