Edelweiss Silver ETF technical analysis

According to the latest Pivot data, Edelweiss Silver 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 ₹109.02, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹109.86, ₹111.14, and ₹111.98, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹107.74, ₹106.9, and ₹105.62, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Edelweiss Silver ETF’s price movement.