Uma Converter technical analysis

According to the latest Pivot data, Uma Converter’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 ₹18.35, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹18.45, ₹18.65, and ₹18.75, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹18.15, ₹18.05, and ₹17.85, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Uma Converter’s price movement.