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Manjushri Sharma SEBI RA

4th Oct · SEBI Registration INH000019497

Aditya Birla Capital Ltd Order Block Supply Side

Aditya Birla Capital Ltd

ABCAPITAL
Aditya Birla Capital Ltd (ABCAPITAL) closed at ₹375.05 down 1.46% on 30 September 2026 indicating some selling pressure at higher levels. The recent price action suggests that the stock is facing supply as sellers become active around elevated price zones. From a technical perspective the stock needs to sustain above its immediate support levels to regain positive momentum. The rejection from higher levels coupled with the negative closing indicates that buyers are currently struggling to absorb the available supply. If the stock continues to trade below the recent swing high further consolidation or a corrective move cannot be ruled out. Traders should closely monitor volume price rejection and follow-through selling in the coming sessions. A sustained breakdown below important support could strengthen the bearish setup while a decisive breakout above the supply zone with strong volume would negate the immediate weakness and signal renewed buying interest. For short-term traders the key is to avoid chasing the stock during uncertain price action and instead wait for confirmation. ₹375 remains an important reference level while the broader trend should be assessed using price structure volume and momentum indicators. Overall ABCAPITAL is currently showing signs of supply-led pressure and the next few sessions could be important in determining whether the stock resumes its uptrend or enters a deeper correction. This article is published solely for informational and research purposes and should not be construed as an offer, solicitation, recommendation, investment advice, or assurance of returns. The technical analysis and views expressed are based on historical price data and technical parameters and may change with market conditions. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future results.

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