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Published on 10/06/2021 2:08:48 PM | Source: HDFC Securities Ltd

Technical Stock Pick Buy UTI Asset Management Company Ltd For Target Rs. 950 - HDFC Securities

Posted in Broking Firm Views - Short Term Report| #HDFC Securities #UTI Asset Management Co Ltd #Trading Report #Finance

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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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