ADITYA BIRLA CAPITAL LTD – Trend Reversal Breakout Trade

🧠 Technical Highlights:
Downtrend Channel Breakout: Clear breakout from a falling channel pattern

Resistance Break: Strong breakout above supply zone of ₹204–₹210

Volume: Massive volume spike validates bullish strength

RSI: Above 70, indicating strong momentum but not overbought yet

🟢 Buy Setup
Buy Above: ₹219 (today's close confirms breakout)

Stoploss: ₹204 (below the previous resistance/new support)

Target 1: ₹235

Target 2: ₹248

Target 3: ₹260+ (swing/high-risk high-reward)

🔻 Sell/Short Setup (only if reversal)
Sell Below: ₹203

Stoploss: ₹210

Target: ₹190, ₹178

📅 Timeframe: Short-to-Medium Term (2–6 weeks)
📊 Risk-Reward: ~1:2.5

For Education Purposes Only