Kotak Nifty India Consumption ETF technical analysis

According to the latest Pivot data, Kotak Nifty India Consumption 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 ₹116.74, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹117.47, ₹118.01, and ₹118.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹116.2, ₹115.47, and ₹114.93, 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 India Consumption ETF’s price movement.