UTI AMC created a range in day chart from past few weeks. A perfect range that was broken and reached nearest resistance in a day climbing 8%+.
Currently it is retesting its breakout & has hit the resistance, the move shows it has more 12% rally left with an ideal risk reward ratio.
Cheers.
Currently it is retesting its breakout & has hit the resistance, the move shows it has more 12% rally left with an ideal risk reward ratio.
Cheers.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.