Kotak Nifty 50 value 20 ETF technical analysis

According to the latest Pivot data, Kotak Nifty 50 value 20 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 ₹153.35, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹154.2, ₹155.49, and ₹156.34, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹152.06, ₹151.21, and ₹149.92, 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 value 20 ETF’s price movement.