Motilal Oswal Nifty Services Sector ETF Technical Analysis

According to the latest Pivot data, Motilal Oswal Nifty Services Sector 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 ₹29.59, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹29.93, ₹30.54, and ₹30.88, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹28.98, ₹28.64, and ₹28.03, 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 Services Sector ETF’s price movement.