Market Neuron Logo
โš  Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

ABCAPITAL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Back to Technical List

Technical Rating: 4.3

Hereโ€™s a detailed technical analysis of Aditya Birla Capital Ltd. (ABCAPITAL)

๐Ÿ“Š Trend Overview

Current Trend: The stock is in a strong uptrend, trading at its 52-week high of โ‚น295. Price action shows bullish continuation with breakout potential.

Price Action: Trading at โ‚น291, well above both the 50-DMA (โ‚น275) and 200-DMA (โ‚น235), confirming sustained upward momentum across short and long-term timeframes.

๐Ÿ“ˆ Momentum Indicators

RSI (58.8): Bullish zone, approaching overbought territory. Indicates strong buying interest but still below the caution threshold of 70.

MACD (4.16): Positive and rising, confirming bullish momentum and trend continuation.

Volume: Current volume (68.65L) is significantly above the 1-week average (46.26L), showing strong participation and supporting the breakout move.

๐Ÿ“‰ Volatility & Bands

Bollinger Bands: Price is near the upper band, signaling strength. A breakout above โ‚น295 with volume would confirm further upside.

๐Ÿ“Œ Support & Resistance Zones

Type Price Zone (โ‚น) Notes

Support 275 โ€“ 285 Near 50-DMA and recent pullback zone

Resistance 295 โ€“ 305 52-week high and psychological barrier

Breakout Zone 310+ Above this, next target is โ‚น330 โ€“ โ‚น350

๐ŸŽฏ Entry & Exit Strategy

Optimal Entry: โ‚น275 โ€“ โ‚น285 (on dips with bullish confirmation)

Exit Zone: โ‚น295 โ€“ โ‚น310 (partial profit booking); โ‚น330+ (final resistance)

Stop Loss: โ‚น265 (below 50-DMA)

๐Ÿ” Summary

Trend: Trending upward

Momentum: Strong bullish signals from RSI and MACD

Volume: Surging, confirming breakout strength

Outlook: Positive; watch for sustained move above โ‚น295 with volume for next leg up

Would you like a multi-timeframe chart view or alerts for breakout levels on ABCAPITAL?

Edit in a page

Back to Technical List

NIFTY 50 - Today Top Technical Picks Stock Picks

NEXT 50 - Today Top Technical Picks Stock Picks

MIDCAP - Today Top Technical Picks Stock Picks

SMALLCAP - Today Top Technical Picks Stock Picks