Breakout With Heavy Volumes

ABSLAMC today broke out Major Levels and was able to close above it, on the back of good guidance of future growth and Brokerage Reports of HDFCAMC

ABSLAMC is a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. The company offers Mutual Fund services, Portfolio Management services, offshore services, and real estate offerings. It is one of the largest non-bank affiliated AMCs in India managing an AUM of ₹6002 Billion under its suite of mutual funds, portfolio management services, and offshore and real estate offerings.

A Close above 800 will be crucial before the Q2 FY 24-25 Results are out. If the results are on the expected line, 900 will take no time.

Check out my other stock ideas below until this trade gets activated, I would love your feedback.

Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.