Technical Analysis Aditya Birla Real Estate

The stock

is showing a sideways to mildly bullish structure on the daily chart. After making a strong recovery from the ₹1100–1200 zone the stock moved above ₹1400 but has been consolidating in a narrow range for the last few weeks. The formation of higher lows indicates that buying interest is still present but a decisive breakout is required for the next leg higher. Support & Resistance: Immediate support is around ₹1400–1380 followed by stronger support near ₹1330–1300. On the upside ₹1460–1480 is the immediate resistance zone. A sustained breakout above ₹1480 can open the way towards ₹1550–1600 while ₹1700 remains a major resistance area. Short-Term Outlook: The setup is positive but range-bound. Fresh buyers can consider entry near ₹1400–1380 if the stock gives a bullish reversal or wait for a strong breakout above ₹1480 with volume. Existing holders can continue holding with a trailing stop-loss around ₹1330. A decisive close below ₹1330 would weaken the current bullish structure and could bring ₹1250–1200 into focus.