ABSLAMC - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.4

📊 Technical Overview of Aditya Birla Sun Life AMC Ltd. (ABSLAMC)

📈 Trend Analysis

Current Price: ₹874

50 DMA: ₹801

200 DMA: ₹725

Trend Status: The stock is in a strong uptrend, trading well above both moving averages with bullish momentum intact.

📈 Momentum Indicators

RSI (62.2): Bullish, but not overbought. Indicates positive momentum with room for further upside.

MACD (25.6): Strongly positive, confirming upward momentum and trend continuation.

Volume: 4.72L vs 1-week avg of 4.29L — above average, supporting the bullish move.

📊 Bollinger Bands

Price likely near the upper band, consistent with strong RSI and MACD.

Bands may be widening, suggesting momentum breakout rather than exhaustion.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 801 Support

200 DMA 725 Strong Support

Current Price 874 Above both DMAs

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 850–860 Minor pullback zone

Support 2 800–810 50 DMA zone

Resistance 1 912–915 52-week high zone

Resistance 2 950–960 Projected breakout target

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹850–₹860 (on minor dips or RSI cooling)

Exit Zone (Short-Term): ₹910–₹915 (initial resistance), ₹950+ (if breakout sustains)

Stop Loss: ₹800 (below 50 DMA)

📌 Summary

Trend: Strong uptrend

Momentum: Bullish and accelerating

Volume: Healthy and rising

Setup: Favorable for momentum traders; ideal for breakout or dip-buying strategy

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