Aditya Birla Sun Life AMC – Technical Outlook

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.