The UTI is showing strong support at 485 and forming a close channel.
considering taking a long position on this stock.
Short Term:
Buy above 495.10 for Target of 500 ---- 505 --- 511
Stop Loss: 485.15 on closing basis on daily charts
Long term:
Technically Buy above 503 but the current price is near to stop loss so even this can be considered for buying in...
