Motilal Oswal NASDAQ 100 ETF technical analysis

According to the latest Pivot data, Motilal Oswal NASDAQ 100 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 ₹338.28, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹345.69, ₹349.39, and ₹356.8, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹334.58, ₹327.17, and ₹323.47, 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 NASDAQ 100 ETF’s price movement.