Published on 10/06/2021 2:08:48 PM | Source: HDFC Securities Ltd
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Technical Stock Pick Buy UTI Asset Management Company Ltd For Target Rs. 950 - HDFC Securities
TECHNICAL OBSERVATIONS
Stock has broken out from last 3 weeks of consolidation
Ascending Triangle Breakout with rising volume on the daily chart
Stock price has hit fresh all time high
Stock is placed above important moving averages
Primary trend of the stock has been bullish with higher tops and higher bottoms
Indicators and Oscillators setup has been bullish on short term and medium term charts
Buy UTI Asset Management Company Ltd Up to 3 months @ Average Level 745 CMP 788.80 TGT 950 SL 723
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