The stock of Aditya Birla Capital has been charting a sideways trend since mid-August. It was largely oscillating between ₹275 and ₹295. But on Wednesday, it broke out of the range, opening the door for further rally. Also, the long-term trend has been bullish. That said, from the current level, there might be a temporary corrective decline, possibly to ₹288, before the next leg of uptrend begins. The stock has the potential to touch ₹330 in the short-term. Therefore, traders can consider buying the stock of Aditya Birla Capital now at ₹299 and accumulate on a dip to ₹288. Place initial stop-loss at ₹275. When the price hits ₹315, tighten the stop-loss to ₹300. Raise the stop-loss further to ₹310 when the stock touches ₹325. Book profits at ₹330.
Video Credit: Businessline
(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)
Published on October 3, 2025
