TradingView
srikartiram
3 nov. 2021 08:22

UTIAMC | Trendline + RSI breakout, looks good for 10-25% Long

UTI ASSET MNGMT CO LTDNSE

Description

UTIAMC | Trendline + RSI breakout, looks good for 10-25%

CMP : 1100
SL : 1050
Target : 1210, 1330

1:2+ risk reward setup for first target
Second target level is based on FIB
Commentaires
mukeshsingh92
i own it big time, got in IPO and then added and added and added.
srikartiram
@mukeshsingh92, Thats fantastic :) Please share with us your insight about this stock. I will also accumulate for long run.
mukeshsingh92
@srikartiram, UTIAMC is a big player in managing govt securities and 75% market share in managing pension funds. It was just a stable and not so volatile company due to the kind of business is operates. So I bought in IPO only due to fundamentals. I already Own PNB Gilts @ 55. PnbGilts pays me 7-9% dividend and very very slow but stable growth.. so applied the same logic. Also found that UTI is doing good in mutual fund business -- that prompted me to buy it.
mukeshsingh92
@srikartiram, you have already seen some funda picks by me BEL/Astra Microwave/NELCO & Tejas N/w those have made me rich in last 1 year.
Plus