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RA Anupam Bajpai

2nd Jun 2025 · SEBI-Registered Analyst

ABSLAMC
stock price analysis and expected further rise

On 29th May, we discussed about

ABSLAMC
starting “On 23rd, 2025, the stock price of
ABSLAMC
ya has closed above the 200 moving average From then, the stock price has traded above 200 moving average And on 27th May 2025, it has taken support from it Also, a crossover has been seen between the moving averages of 20 and 100 in an upward direction which indicates a further rise in stock price A 200 moving average acts as an important support and resistance level until the stock price is trading above the 200 moving average, we are bullish on it As of now, the 200 moving average will act as an important support level The stock price may move towards the level of 780 RSI is at 65.93, which also indicates a further rising stock price.” Yesterday, the stock price rose 3.11% And from 26th May 2025, the stock price has taken daily support from the 200 moving average And on 30th May 2025, it has also given its closing above the important resistance level of 741 Further right, in stock price is seen as the 200 moving average as an important support level

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Screenshot 2025-06-02 110408.png
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