Aditya Birla Sun Life AMC – Technical Outlook
(Educational Purpose Only)
Price Structure:
The stock has shown a strong rebound from the ₹710–₹720 support zone and is now trading near recent swing highs, indicating trend reversal.
Trend & Setup:
Price is above the 20-DMA and moving along the upper Bollinger Band, confirming short-term bullish momentum. Higher high–higher low structure is intact.
Indicators:
• RSI above 60 – bullish strength
• MACD in positive territory with upward slope
• Bollinger Bands expansion suggests continuation of the up-move
• Volume increase supports breakout strength
Key Levels:
Support: ₹780 / ₹750
Buy on Dips: ₹780–₹800
Resistance: ₹860 / ₹900
Targets: ₹870 – ₹910
Stop Loss: ₹750 (closing basis)
Bias:
Bullish as long as price sustains above ₹780. Momentum favors further upside in the near term.
⚠️ For educational purposes only. Not investment advice.
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