The stock of Aditya Birla Capital gained 4.6 per cent accompanied by above average volume on Monday while the benchmark indices witnessed a sell-off. Key medium-term support in the band between ₹78-80 is providing base for the stock. In February, the stock had bounced from this range and witnessed a short-term uptrend that got halted at ₹105 in March. Since then, the stock has been in a sideways consolidation phase in the wide range between ₹78 and ₹105.
Traders can buy with a stop-loss at ₹83.
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