SILVERETF.BO (BSE)

SILVERETF.BO BSE

UTI Silver ETF

SHORT

233.99

Prev.Close

247.19

Change

-13.2000

Change%

-5.34%

BEARISH DESCENDING HAWK

Sold at

243.10

Open

247.42

High

247.42

Low

228.90

233.99

Gain%

-3.75%

Signal History

Date	Price	Signal	Change%		INR100⇨
13-02	243.10	SHORT	-3.7%		283
04-02	255.85	BUY	-5.0%	❌	302
30-01	329.69	SELL	-22.4%	✔	304
05-01	227.62	BUY	+44.8%	✔ 👍	211
31-12	219.01	SELL	+3.9%	❌	213
26-11	153.43	BUY	+42.7%	✔ 👍	150
14-11	158.29	SELL	-3.1%	✔	151
29-10	141.50	BUY	+11.9%	✔ 👍	136
16-10	168.28	SELL	-15.9%	✔	137
16-09	125.63	BUY	+33.9%	✔ 👍	103
11-09	121.50	SELL	+3.4%	❌	104
22-08	111.20	BUY	+9.3%	✔	96
20-08	109.13	SELL	+1.9%	❌	96
13-08	111.67	BUY	-2.3%	❌	99

† Trade commissions are taken as 0.70%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SHORT. The BEARISH DESCENDING HAWK pattern has finally received confirmation because the prices crossed below the confirmation level at 243.92, and our valid average selling price now stands at 243.10. The previous BUY signal was issued on 04-02-2026, 9 days ago, when the stock price was 255.85. Since then, SILVERETF.BO has fallen by -4.98%.

Market Outlook

The bears have substantial evidence supporting their case, prompting us to consider placing a bearish bet. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Act on the signal and capitalize on the bearish sentiment before the opportunity fades. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop-loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop-loss.

Pattern Description

This pattern features a small white candlestick enclosed within a preceding, relatively longer white candlestick. It resembles the Harami pattern, but with both candlesticks being white. more...

Date	Price	Signal	Change%		INR100⇨
13-02	243.10	SHORT	-3.7%		308
04-02	255.85	BUY	-5.0%	❌	329
30-01	329.69	SELL	-22.4%	✔	331
05-01	227.62	BUY	+44.8%	✔ 👍	230
31-12	219.01	SELL	+3.9%	❌	232
26-11	153.43	BUY	+42.7%	✔ 👍	164
14-11	158.29	SELL	-3.1%	✔	165
29-10	141.50	BUY	+11.9%	✔ 👍	148
16-10	168.28	SELL	-15.9%	✔	149
16-09	125.63	BUY	+33.9%	✔ 👍	112
11-09	121.50	SELL	+3.4%	❌	113
22-08	111.20	BUY	+9.3%	✔	104
20-08	109.13	SELL	+1.9%	❌	105
13-08	111.67	BUY	-2.3%	❌	108
31-07	109.55	SHORT	+1.9%	❌	112
30-07	111.29	BUY	-1.6%	❌	115
28-07	110.33	SELL	+0.9%	❌	116
01-07	104.31	BUY	+5.8%	✔	111
24-06	104.54	SELL	-0.2%	✔	111
17-06	105.13	BUY	-0.6%	❌	113
12-06	103.42	SELL	+1.7%	❌	114
03-06	97.13	BUY	+6.5%	✔	107
27-05	95.24	SELL	+2.0%	❌	108
21-05	94.99	BUY	+0.3%	✔	109
08-05	93.68	SELL	+1.4%	❌	109
06-05	94.10	BUY	-0.4%	❌	111
28-04	94.91	SELL	-0.8%	✔	111
11-04	91.39	BUY	+3.8%	✔	108
07-04	88.69	SHORT	+3.0%	❌	113
25-03	95.75	BUY	-7.4%	❌	124
20-03	97.21	SELL	-1.5%	✔	125
17-03	97.33	BUY	-0.1%	❌	126
21-02	95.54	SELL	+1.9%	❌	127
07-01	87.67	BUY	+9.0%	✔	117
13-12	88.90	SELL	-1.4%	✔	118
27-11	87.61	BUY	+1.5%	✔	117
25-11	88.65	SHORT	-1.2%	✔	117
19-11	89.71	BUY	-1.2%	❌	120
25-10	95.06	SELL	-5.6%	✔	121
16-10	90.08	BUY	+5.5%	✔	116