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 ₹106.81, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹108.8, ₹112.25, and ₹114.24, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹103.36, ₹101.37, and ₹97.92, 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.