Hold UTV Software below 545

Mr. Subrato Sarthi, a technical researcher of IEM Group is of the view that UTV Software is forming a nice base. It is an outperforming stock in Media sector. He advise to buy it if it comes down to 545 and buy it more if it goes a bit lower than this. Sarthi says, on technical as well as fundamental ground, the stock is a hot pick. If you see recent movements in the stock, it is very likely that this stock will hit 600 and probably rise up to 620 in a month period. So IEM Group suggests a buy signal for this stock on every fall below 545.

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