Motilal Oswal BSE Select IPO ETF Technical Analysis

According to the latest Pivot data, Motilal Oswal BSE Select IPO 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 ₹46.59, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹46.99, ₹47.24, and ₹47.64, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹46.34, ₹45.94, and ₹45.69, 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 Select IPO ETF’s price movement.