Axis Mutual Fund - Axis Gold Exchange Traded Fund technical analysis

According to the latest Pivot data, Axis Mutual Fund - Axis Gold Exchange Traded Fund’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 ₹128.08, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹129.16, ₹130.02, and ₹131.1, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹127.22, ₹126.14, and ₹125.28, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Axis Mutual Fund - Axis Gold Exchange Traded Fund’s price movement.