Kotak Gold Exchange Traded Fund technical analysis

According to the latest Pivot data, Kotak 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 ₹127.71, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹129.32, ₹130.36, and ₹131.97, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹126.67, ₹125.06, and ₹124.02, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Kotak Gold Exchange Traded Fund’s price movement.