UTI SILVER ETF technical analysis

According to the latest Pivot data, UTI 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 ₹236.89, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹242.98, ₹247.1, and ₹253.19, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹232.77, ₹226.68, and ₹222.56, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in UTI SILVER ETF’s price movement.