Company is almost debt free.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 64.0%
Debtor days have improved from 22.2 to 17.5 days.
UTIAMC stock looking good above 961.
the UTI ASSET MANAGEMENT COMPANY STOCK has completed the retest of the previous breakout zone. Good for swing as well as positional trading. best buy above 961. 🔥🔥
Entry: 961.95✅✅
sl: 740❌❌
TGT (Swing): 1214✅✅
TGT (Positional): 1500🎯🎯
Note: Analyze your risks carefully according to stoploss.
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Logic-Simple weekly resistance breakout, retest and continuation.
Weekly closing above 910 will be a confirmation. 1000 will be immediate resistance.
A good investment stock for long term as well available at a fair valuation with more than 2% dividend yield. I am expecting similar rally as HDFC AMC in this stock but move would be slow.
Not a recommendation, just...
📊 DETAILS
Sector: Finance - Investment
Mkt Cap: 11,921 cr
UTI Asset Management Company Ltd is primarily engaged in the activities of raising funds for and to render investment management services to schemes of UTI Mutual Fund. It is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996. It was the first to introduce Mutual Funds in India and...
Being a pioneer in the mutual fund industry, this company is heavily relied on, especially due to the index funds it is running. This company after a long period since listing in late 2020 (maybe) and touching the top in September 2021, has now shown a good breakout from a triangular consolidation pattern. The consolidation was quite long between the price range...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Weekend Pick 1: UTIAMC
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. Healthy Reserves vs debt free.FII + DII holding iincreased, High Dividend Yield!
Technicals : Triangle Breakout after good correction.
R 1: 900
R 2: 1025
R 3: 1160+
S : 720
I am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
Make use of it guys,
📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF UTI :-
•Breakout of symetrical pattern on DTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish...
Stock is likely to give breakout from range of 644 & 844. Notably, the level of 736 demonstrated significance during the market downturn on October 25th. There is an expectation of a rally in AMC companies when Nifty achieves a new high, with NAM_INDIA and HDFC AMC already showing substantial gains near their all-time highs. In contrast, UTIAMC is currently down...
In the Weekly Chart of UTIAMC ,
we can see that; it has given multiple rejections at 800 level.
Possible momentums are shown in chart.
If it breaks Halt Candle's High we might see a 15-20% up move.
Enter on breaking Halt candle's High with Low as SL.
Desclaimer :- this analysis is purely for educational purpose please contact your financial advisor before investing your capital.
Uti has retraced at our best level ,now this is the time when we can enter in this stock
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
