Motilal Oswal Nifty India Defence ETF Resistance and Support
Pivot 105.76
Time Period:
Resistance
First Resistance
107.3
Second Resistance
109.45
Third Resistance
110.99
Support
First Support
103.61
Second Support
102.07
Third Support
99.92
Motilal Oswal Nifty India Defence ETF Resistance and Support Summary
According to the latest Pivot data, Motilal Oswal Nifty India Defence 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 ₹105.76, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹107.3, ₹109.45, and ₹110.99, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹103.61, ₹102.07, and ₹99.92, 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 Nifty India Defence ETF’s price movement.
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