Aditya Birla Sun Life AMC Ltd. – 1D Analysis

exhibits a clean "Cup and Handle" or rounding bottom breakout. The stock has cleared its recent swing highs around 780 with a high-wick candle, indicating aggressive buying despite some intraday profit booking. A clear bullish "Golden Cross" is underway. The green 10ema is sloping upward, providing dynamic support to the current price action. Immediate support is at 770. The path is relatively clear toward the major resistance zone at 870 – 880 (indicated by the white horizontal line). This is the strongest structure . The trend is firmly upward, long positions are favored on minor retracements to the 780 level.