UTI Asset Management Company Breakout
Technical chart pattern supported by volume suggests a minimum safe side return of 25% for this small-mid cap company.
Other reasons to hold it as a long term bet:
Increasing inflation, gross domestic savings and higher disposable income.
Increased awareness among people to turn towards mutual funds than real estate or gold comparatively.
Healthy dividend payout.
Undervalued as compared to other industry peers.
Other reasons to hold it as a long term bet:
Increasing inflation, gross domestic savings and higher disposable income.
Increased awareness among people to turn towards mutual funds than real estate or gold comparatively.
Healthy dividend payout.
Undervalued as compared to other industry peers.
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