UTI AMC - Trendline Breakout

٣ يوليو ٢٠٢٣

UTI AMC created a range in day chart from past few weeks. A perfect range that was broken and reached nearest resistance in a day climbing 8%+.

Currently it is retesting its breakout & has hit the resistance, the move shows it has more 12% rally left with an ideal risk reward ratio.

Cheers.