#UTIAMC, Multi-Year Breakout#UTIAMC, A Multi-Year Breakout candidate, followed by a neat Pull-back and reassuring bounce on the back of high volumes.
UTIAMC
UTIAMCUTI ASSET MNGMT CO LTD Has breakout 3 years resistance breakout
and retest that level TGT up to 1600
this is just for educational purpose only
UTI AMC - Ifs and Buts !!UTI AMC is currently displaying a symmetric triangle formation on its weekly chart. Recently, it formed a double bottom pattern on the weekly timeframe, which was followed by a breakout. The stock is currently encountering a minor resistance level. Interestingly, the resistance trend channel and the 50% Fibonacci retracement level align closely, making it a strong barrier for further upward momentum.
Given the circumstances, if UTI AMC consolidates within this resistance zone before continuing its upward trajectory, it has the potential for significant momentum.
Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong.:)
mutaul fundnow in India, the mutual fund industry is getting inflow
retail investors are more active in SIP so mutual fund house are in good condition.
This fund can take advantage of this.
FII's increase in stake from 5.97% to 6.27
The number of share houlders decreases, which is also a positive hand.
UTIAMCNSE:UTIAMC
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
UTI Asset Management Weekly Timeframe analysis for long term
NSE:UTIAMC has given trendline breakout and about to break major resistance 867.
We can see long term move above 867 & can buy more till 800 with SL 780.
Major targets levels are highlighted in blue lines.
UTIAMC looking for an buy UTIAMC looking for an buy. becoz, there is an ob and also created a strong liqudity too.
UTIAMC - Bullish Swing ReversalNSE: UTIAMC is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
UTI AMC view for 23rd Feb ThursdayUTI AMC view for 23rd Feb Thursday
681 above only hope for bulls
Charts for Educational purposes only.
Please do follow strict stop loss and risk reward if you follow my level
Thanks,
V Trade Point
#SILINV #BAJFINANCE #BAJAJFINSV #HDFCAMC #CHOLAFIN #SBICARD #NSE
#SILINV
NSE:SILINV
CMP: 347
TP: 435
SL: 300
TF: <6m
RR > 1.8 times
Return 25%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
UTIAMCNSE:UTIAMC
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
UTI Long Term View BullishI have marked swing highs, major trend line on the sport chart and the trend line in the MACD .
According to the price movements and my view
As It broke the trend line in the MACD , it indicates possible breakout
In confluence with this it formed cup and saucer pattern and along with this
We have a major support level , so this conclude it can give a possible breakout followed by touching the previous swing high
This is a suggestion : If you plan to trade and take advantage of the trend, tail the SL using ATR so you can enjoy the maximum moves.
Disclaimer: This is for educational purpose only. Any buy or sell is not recommended. Please do research and take your own risk.
UTI Long Term ViewHere I have added the market Structure which has
Swing high
Trend line
Key support Area
