UTI Showing signs of reversal. Add to your WL

1월 16일

📊 Stock Analysis for UTI AMC

🔘Entry Levels:

Initial Entry (Small Qty): ₹1,260
Fresh Entry: Above ₹1,405 (with a strong breakout and good volume)
Stop Loss (SL):

₹1,133 (below the 200DMA and major support zone)
Target Levels (T):

T1: ₹1,405
T2: ₹1,721

Risk-to-Reward (R:R):

From Initial Entry to T2: Approx. 1:2.6
From Fresh Entry (T1) to T2: Approx. 1:2

🔘Setup Overview

The stock has consistently taken support at the 200 DMA, indicating strong demand at lower levels.
It’s currently consolidating near the ₹1,260-₹1,400 zone, forming a potential breakout pattern.
A breakout above ₹1,405 with high volume can lead to a new bullish rally.

⚠️Risk Considerations

Below ₹1,133, the structure may turn bearish, invalidating the setup.
Ensure the breakout above ₹1,405 is confirmed with strong volume and price action.

🔘Reasons for Risk Level

The 200 DMA support provides a good risk management level.
If the stock breaks down below ₹1,133, it could retest lower levels, indicating a potential trend reversal.

❗️Disclaimer

This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult a financial advisor before making investment decisions. Trading in the stock market involves risk, and past performance is not indicative of future results.

1월 30일

매매 수동청산

Trade not triggered fell out of bthe ase and DMAs, structure damaged. No tradable pattern. Avoid