Motilal Oswal Nasdaq Q 50 ETF technical analysis

According to the latest Pivot data, Motilal Oswal Nasdaq Q 50 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 ₹99.16, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹99.81, ₹100.61, and ₹101.26, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹98.36, ₹97.71, and ₹96.91, 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 Q 50 ETF’s price movement.