Aditya Birla Capital Ltd (Daily)

Technical Analysis Trend: Strong short-term and medium-term uptrend with higher highs & higher lows. Structure: Stock broke above ₹312 and ₹338 — both previous supply zones now acting as demand. Current Price Zone: Trading near the fresh breakout zone ₹369–370. Price Behaviour: Healthy consolidation after breakout → indicates strength, not weakness. Momentum: No aggressive selling on declines — shallow pullbacks suggest institutional absorption. Key Levels: Support: ₹338 → ₹322 → ₹312 Resistance: ₹370 → ₹385–390 zone Fundamental Analysis Business: Diversified financial services — lending, insurance, AMC, broking & wealth. Growth Drivers: Retail credit expansion, rising financialisation, cross-selling within the group. Earnings: Improving profitability with better operating leverage as scale increases. Balance Sheet: Well capitalised, diversified revenue reduces cyclicality risk. Summary View Strong trend + strong business tailwinds → structurally positive setup