GCM Commodity & Derivatives technical analysis

According to the latest Pivot data, GCM Commodity & Derivatives’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 ₹6, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹6.23, ₹6.35, and ₹6.58, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹5.88, ₹5.65, and ₹5.53, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in GCM Commodity & Derivatives’s price movement.