ABCAPITAL - Rising Wedge Pattern breakout (bear)Aditya Birla Capital Ltd.NSE:ABCAPITALChandu875Current Price: ₹281.00 RSI (Relative Strength Index): 55.43 → Neutral to slightly bullish (above 50 but below 70). ✅ Support and Resistance Supports: S1: ₹268.00 S2: ₹271.35 S3: ₹271.60 Price is holding above key supports, which provides a cushion for buyers. Resistances: R1: ₹282.65 R2: ₹284.00 R3: ₹289.60 Stock is near immediate resistance (₹282–284 zone). Breakout above ₹289.60 could open higher levels. ✅ Fibonacci Levels 23.6%: ₹113.36 38.2%: ₹147.57 50.0%: ₹175.22 61.8%: ₹202.88 78.6%: ₹242.25 Current price (₹281) is well above the 78.6% retracement, indicating strong recovery and continuation of the uptrend. ✅ Moving Averages Short-Term: EMA5 = ₹283.68, SMA5 = ₹285.46 → Price slightly below → mild short-term weakness. EMA9 = ₹281.96, SMA9 = ₹282.28 → Price hovering around → neutral. Medium-Term: EMA20 = ₹276.99, SMA20 = ₹273.83 → Price above → bullish medium-term bias. Long-Term: EMA50 = ₹265.27, SMA50 = ₹270.89 → Price above both → strength in broader trend. EMA100 = ₹246.26, SMA100 = ₹240.71 → Price above → long-term bullish trend. EMA200 = ₹226.74, SMA200 = ₹209.18 → Price well above → strong bullish structure.