Aditya Birla Capital Ltd.
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ABCAPITAL Trendline Breakout followed by Good Rally

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In weekly chart of ABCAPITAL there was RSI Divergence in first quarter of Year 2025. It made a Trendline Breakout in second week of March 2025
And gave entry above breakout candle weekly close at 163.6 and then with a risk of 9% it gave one sided returns of Risk:Reward of 1:13
Curent Return at 120%
It retested resistance level of 243.7 which corresponded 21-EMA in july 2025 and again gave return of 45% from the resistance level

It is again forming a Bearish RSI Divergence. But bullish trend is intact till it gives a weekly close below 21-EMA

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