UTI AMC breaks out of a multi-year Rounding Bottom, holding above the 20-week EMA with strong buying interest. RSI above 60 signals ongoing bullish momentum.
Debt free Asset Management company with good ROCE & ROE given Breakout in Monthly Chart with good Volume. IPO Price above closed.
#UTIAMC CMP 1334 TGT 1838 SL 1150 (Monthly Clbs)
Profit Growth witnessed
Good FII+DII Holding + Dividend
#AMC stocks setting up for new rally !
- Expecting 20% rally atleast
- Result was good 👍
- Underpenetrated sector
- reasonable valuation
-Mkt correction hoga bhi SIP nhi rukega
-AMC will do good