UTI ASSET MANAGEMENT CO long term swing Long

UTI ASSET MNGMT CO LTDNSE

Description

⋅ Jun 18, 2023 5:03 PM

Stock is fundamentally strong , looking good for medium to long term holding ,also made a double bottom showing buyers coming in , BUY above 710 levels (breakout retest) SL at 650 ,targets given on chart

FUNDAMENTALS :

# 0 debt company

# 60% DIIs holding and FIIs increasing stakes

# Steady growth in profits since 2012

# Reserves increasing

# Stock trading at low PE of 20