Technical Analysis UTI Asset Management Co. Ltd.

The stock $UTIAMC is in a clear long-term downtrend. After peaking near the 1460–1480 range around August–September the price has consistently made lower highs and lower lows. The stock has shifted from a sharp decline into a consolidation phase at lower levels moving sideways between 900 and 1080 over the last few months. Immediate Support 900 – 920. This zone has acted as a strong floor multiple times between April and June 2026 where buyers have actively stepped in. Immediate Resistance 1000. Psychological and short-term resistance where the price is currently facing minor rejection. Major Resistance 1080 – 1140. A breakout above 1080 is required to break the structural bearish pattern. The dashed line at 1137.45 marks a key historical breakdown level. For short-term buyers the stock is currently building a base around its strong support zone of 900–920 making it a strict stop-loss play where a decisive breakout above 1000 is needed to trigger fresh bullish momentum toward 1080. For long-term holders the stock remains trapped in a primary downtrend but the ongoing consolidation suggests selling pressure is exhausting it is best to hold your position with patience and wait for a structural reversal above 1140 before considering adding more quantity.