UTI AMC looking to reach its ATHChart pattern forming Cup & Handle
Trendline broken
RSI
MACD
OBV
all showing positive divergence
Fundamentals are supportive too
UTIAMC trade ideas
Amazing breakout on Weekly / Daily Timeframe - UTIAMCCheckout 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 amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
UTIAMC looks good, attractive Risk RewardWeekend 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
UTIAMC 1D 1WI 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,
BREKOUT IN UTI ASSET MANGEMENT📌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 trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
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📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
25% upside potential in UTIAMCStock 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 by 35%, suggesting a potential 50% upside from its current levels. It is anticipated that the stock may encounter a correction at a resistance level that is 25% higher than its present value.
From a fundamental perspective, the company has recorded its highest-ever profits and revenues for the trailing twelve months (TTM).
The set target levels are T1 at 987 and T2 at 1170.
Portfolio stockGood for long term investors, first mutual fund company with strong business experience and VALUE BUYING
UTIAMC - Weekly AnalysisIn 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.
looking best price to enter in Utiamc with minimle stoplossDesclaimer :- 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
UTIAMC - Triangle patternAll 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
Bullish Flag & Pole B/o in UTIAMCGood Morning Friends,
A bullish flag and pole pattern emerged on the hourly chart of NSE:UTIAMC the bullish view will be negated if the stock closed below 756 on DCB. So as per the current probablity one take the trade at 786 or below with stoploss of 756 on DCB basis for the 1st target of 816 then 2nd target of 846 and the final target of 876.
Exit the position if the stop loss triggered on daily closing basis.
The risk reward ratio for the trade is 1:3
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Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Trend line breakout Stock has broken it's resistance line. Can touch previous resistance zone 10% upside possibility.
UTIAMC breaks out.Today it has breached out its trend line after consolidating in ascending tringle pattern. Trade can be initiated now and can be exit by putting 1:1 reward ratio.
buy near @ 811 and 812
Targets -1 @855
Stoploss -780
We will update more post market
UTI AMC - Trendline BreakoutUTI 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.
Reversal Trade: Take a trade for 20% gainAs per the concept of RSI and trendline breakout, the stock is looking strong and it is expected to moveup in the short run.
You can enter Above the Stock’s breakout level 802.
The stock trades near 1030 or closes below 700.
My risk is 102 for gaining 228. My reward to risk is 228/102= 2.23 times.
UTIAMC Breakout in 1D timeframe, with good volumesUTIAMC has given a breakout in 1D timeframe, with immediate resistance of 803
Support 760 levels
Target of 860, 890++ levels.
Triangle Pattern - Breakout possible!The stock has been trading in a triangle pattern on weekly chart and has given a strong weekly closing.
Buy above 803 level (carry only on day closing basis) for positional targets of 850 and 894.
Learn & Earn,
Dr. Tanya Kumar
SWING TRADE UTIAMC BUY 780-786 SL 670 T1 872 T2 996 -DKM SIR
#chart ati sundar dikhta hai #
buy and hold as per your risk
UTIAMC Cup & Handle Breakout BUY!Attached: UTIAMC Daily Live Chart as of 30th June 2023
- Today All AMC Stocks have seen a Massive Upsurge and it appears there are Tailwinds for this Sector hence Strength within these Stocks
- Price has given a Classic Cup and Handle Breakout today on the back of Strong Price Volume Action
One can buy at Current Market Price
For a Target of ~ 900
And Stop Loss < Day Low
UTI ASSET MANAGEMENT CO long term swingStock 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
