Aditya Birla Sun Life AMC – Bullish Breakout From Rising Wedge

$ABSLAMC The stock has given a strong breakout from a Rising Wedge pattern with bullish momentum and improving price structure, indicating potential upside continuation. 🔎 Technical Observations: • Rising Wedge breakout confirmed • Strong bullish candle with volume support • Higher High–Higher Low structure intact • Price sustaining above key support zone • Momentum indicators turning bullish 🔑 Key Levels: • Support: ₹1,087 – ₹1,050 • Strong Support: ₹1,015 – ₹980 • Resistance: ₹1,160 – ₹1,195 🚀 Targets: • ₹1,160 • ₹1,195 • ₹1,250+ 📉 Risk Scenario: A close below ₹1,050 may weaken the bullish setup. 📈 Trading View: 👉 Breakout indicates fresh buying interest 👉 Sustaining above ₹1,100 can drive the stock towards higher targets ⚠️ Educational purpose only. Not a buy/sell recommendation. — AALGO BREATHS 📊