Motilal Oswal BSE Quality ETF technical analysis

According to the latest Pivot data, Motilal Oswal BSE Quality 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 ₹194.52, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹195.95, ₹198.23, and ₹199.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹192.24, ₹190.81, and ₹188.53, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Motilal Oswal BSE Quality ETF’s price movement.