{"schema_version":"1.0","name":"BIRLANU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"2f8d53cb-d9bd-41e5-af67-993a3b25e26e","symbol":"BIRLANU","name":"BirlaNu Limited","exchange":"NSI","country":"IN","asset_type":"equity","currency":"INR","sector":"Industrials","industry":"Building Products & Equipment"},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Acceleration, deceleration and rollover, Strength versus the research benchmark, Activity pressure and cumulative balance, Drawdown and recovery pressure, Range position and boundary pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":71,"displayedObservations":71,"assetType":"Equity","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","evidenceAlignment":{"status":"Underlying strength ahead of price","headline":"Market Dynamics is improving before price has fully responded","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price has not yet responded to the same extent.","take":"Treat the gap as an early-upside opportunity watch. 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This is positive divergence and an early-upside watch, but price confirmation is still required."}},"diagnosis":{"label":"Underlying strength ahead of price","detail":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. 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strength ahead of price","tone":"caution","headline":"Underlying strength is leading price","use":"A positive price response is needed before the early upside case is confirmed.","confirm":"Treat the gap as an early-upside opportunity watch. A continued positive price response would confirm that price is catching up with the stronger foundation.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"positive","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics has strengthened across the recent completed path and remains strongly positive, while price has not advanced as far through its range. The gap is an early-upside watch; a positive price response is needed for confirmation.","historical":{"label":"Broad directional cases","weeks":12,"direction":"higher","percent":50.0,"averageReturn":2.4,"sample":2},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics strengthened this week and remains positive."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price is lagging the underlying strength","detail":"Market Dynamics has advanced further through its recent range than price. This is positive divergence and an early-upside watch, but price confirmation is still required."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Early repair watch","title":"Prepare the case before price confirms the recovery","tone":"recovery","approach":"Use the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.","finding":"In this ticker's completed record, 50.0% of comparable cases moved higher after 12 weeks, with an average move of 2.4% across 2 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 1.5 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 10.9% across 2 completed cases, with the largest move arriving after 11.0 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2025-11-07","price":1855.699951}],"price_pressure_gaps":[{"date":"2025-10-24","price":1928.099976}]}},"smTape":{"available":true,"dates":["2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[1823.5265,1873.3873,1832.5112,2014.8738,2044.9878,2313.9404,2344.0544,2283.925,2239.2971,2285.3076,2226.7581,2233.0769,2314.0391,2295.0823,2313.3481,2301.0,2221.6001,1985.0,1934.0,1907.0,1872.9,1948.5,1929.3,1979.0,1933.5,1983.6,1919.4,1868.7,1928.1,1917.2,1855.7,1764.1,1738.4,1694.2,1571.8,1564.6,1514.9,1517.5,1741.1,1793.4,1751.4,1617.4,1587.6,1681.1,1781.5,1574.6,1507.5,1444.1,1303.5,1240.9,1227.2,1392.1,1427.6,1477.2,1407.9,1362.6,1592.4,1427.1,1361.1,1336.9,1347.9,1364.0,1423.1,1362.2283,1349.0729,1305.3534,1261.9307,1337.2034,1341.8,1641.5,1555.2],"consensus":[51.1799,-28.7762,-79.6792,23.9304,37.439,60.7076,44.84,23.2393,14.7674,25.3281,0.0,14.2269,32.9067,12.1138,19.7587,10.6844,-22.1871,-57.8794,-45.5062,-43.486,-43.7818,0.0,-26.3311,0.0,-22.902,8.7611,-30.3336,-40.9301,0.0,-15.0894,-29.3911,-54.2392,-43.2124,-42.4294,-68.1931,-37.8927,-55.8246,-41.502,46.2196,37.7175,0.0,-39.2601,-37.7645,16.2886,34.6658,-52.8791,-46.5918,-51.5929,-75.3238,-60.1913,-48.7,19.2874,8.3983,22.8886,-17.3193,-30.8682,56.4263,-37.2243,-28.1411,-25.4007,-21.9026,0.0,0.0,-12.211,-13.5329,-30.6657,-42.5895,16.732,0.0,71.5993,2.1903],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[-43.0657,-44.3706,0.0,-30.4039,0.0,-32.5014,13.4638,-36.656,-44.2458,0.0,-11.4765,-28.2829,-55.364,-43.5937,-36.7125,-74.2014,-32.7873,-57.5697,-41.5481,41.147,28.6342,0.0,-49.4922,-38.9904,26.4204,31.8022,-55.5994,-51.5897,-56.4483,-77.8836,-54.1733,-48.6621,25.2236,2.9485,17.3502,-33.3255,-39.6126,47.3863,-36.5454,-32.8298,-33.6946,-18.7583,0.0,0.0,-19.5604,-20.5537,-37.611,-36.9213,18.8026,0.0,64.4356,11.8852],"force":[-29.4032,-26.0681,0.0,-18.7747,0.0,-18.04,23.6246,-30.8687,-36.9563,0.0,-8.4204,-26.7313,-63.139,-29.1501,-32.3442,-65.4735,-13.4399,-42.7158,-14.9552,93.7022,59.2812,0.0,-64.6316,-30.1435,46.9938,54.5381,-83.5914,-49.0232,-42.5229,-90.9679,-65.3847,-29.675,78.8769,26.8144,36.3473,-22.6278,-27.4715,89.2673,-75.6326,-30.9334,-18.2423,-10.8575,0.0,0.0,-10.9398,-7.1213,-24.7267,-53.7897,50.6421,0.0,97.7739,63.4121],"direction":[-54.0256,-55.7616,0.0,-27.0739,0.0,-15.4041,7.2302,-22.7259,-39.979,0.0,-23.9821,-32.5575,-46.5967,-52.8211,-56.1668,-63.2691,-61.1938,-63.1935,-60.4113,18.1007,32.6958,0.0,-9.4437,-41.8072,17.2229,23.7438,-27.8329,-39.1431,-52.5225,-61.2239,-63.3593,-62.3327,30.0607,1.4722,19.6048,-4.7652,-23.3008,43.2999,-10.5656,-20.7882,-21.0351,-33.3854,0.0,0.0,-4.7196,-10.0889,-26.9703,-41.0674,9.8561,0.0,61.0904,52.6193],"intensity":[10.5263,55.0,52.381,68.1818,60.8696,29.1667,36.0,46.1538,48.1481,39.2857,10.3448,73.3333,67.7419,34.375,57.5758,82.3529,65.7143,27.7778,5.4054,89.4737,84.6154,17.5,80.4878,80.9524,65.1163,86.3636,88.8889,73.913,53.1915,79.1667,69.3878,12.0,82.3529,80.7692,25.0,40.3846,19.2308,94.2308,86.5385,96.1538,36.5385,5.7692,50.0,78.8462,69.2308,7.6923,19.2308,40.3846,40.3846,40.3846,98.0769,92.3077],"confirmation":[81.4927,81.4614,7.4802,76.1336,4.4795,75.0342,50.0607,77.6267,80.926,5.0137,72.6804,77.341,85.6106,81.3936,81.3572,89.6474,79.4582,85.4378,80.4709,84.3147,80.8652,28.7863,81.1805,79.8337,32.3346,79.7423,85.8159,82.9073,84.1593,92.5414,87.5112,83.0048,36.9772,25.9984,75.8189,51.81,77.6411,87.195,81.0926,77.0188,75.7837,74.7201,4.252,24.9766,49.0901,49.3615,77.5262,82.0564,31.1254,24.1572,91.8187,36.3111],"persistence":[0.0,25.0,37.5,62.5,75.0,75.0,50.0,50.0,50.0,37.5,50.0,50.0,62.5,62.5,87.5,87.5,87.5,100.0,100.0,75.0,50.0,37.5,37.5,37.5,12.5,12.5,12.5,12.5,37.5,50.0,50.0,50.0,50.0,50.0,25.0,25.0,25.0,0.0,0.0,0.0,25.0,50.0,62.5,50.0,50.0,75.0,75.0,75.0,50.0,37.5,25.0,25.0],"assessmentRisk":[28.2549,28.1022,21.7388,10.0544,33.3532,44.1681,17.5486,8.6286,24.6716,5.1051,27.3655,28.5926,21.1057,28.3251,28.7649,15.9012,30.9973,22.0777,29.1699,25.2805,30.7338,50.6054,60.5819,28.3225,50.2826,1.6812,7.642,8.0166,23.0958,12.3198,19.6545,25.0063,33.1377,37.8989,37.5476,56.1333,0.987,16.2602,1.3082,6.3636,0.9038,38.0656,28.2963,26.2781,18.5508,7.4244,13.558,26.2374,22.0041,1.5137,14.05,50.8826],"volumeParticipation":true,"latest":{"consensus":2.2,"control":11.9,"force":63.4,"direction":52.6,"confirmation":36.3,"persistence":25.0,"assessmentRisk":50.9,"intensity":92.3,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the upward view","summary":"The completed evidence gives the upward view the clearer support.","take":"Current assessment: upward pressure has the stronger support.","tone":"positive","supportedView":"Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Control support is easing","forceState":"Upward commitment","forcePath":"Broadly stable","directionState":"Upward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Present","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+2.2","detail":"Market Dynamics has stronger support","tone":"positive"},{"label":"SM Control Gauge","value":"+11.9","detail":"Control support is limited","tone":"positive"},{"label":"SM Force Gauge","value":"+63.4","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+52.6","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"36/100","detail":"Limited support","tone":"caution"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"54.9","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"8.7%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"14.3","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"67%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price is rotating 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direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,123.1764,123.7849,124.3081,122.3163,113.028,85.5887,59.047,35.4254,13.7945,2.7208,-7.5178,-11.4892,-18.0993,-19.0754,-24.7441,-32.9478,-34.2614,-35.7695,-41.4495,-52.7344,-63.025,-73.8951,-91.3336,-104.5298,-117.6421,-126.3672,-113.926,-98.7082,-89.011,-91.0886,-94.0555,-87.8494,-73.9769,-78.7699,-86.9801,-97.479,-115.8096,-133.8452,-147.5433,-143.4395,-135.7578,-124.2356,-119.3206,-117.7237,-96.7994,-92.4889,-93.3227,-94.8429,-94.0756,-91.1181,-83.048,-80.6347,-78.8745,-80.0842,-83.5832,-79.3674,-74.7933,-46.4495,-30.5979],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,121.2163,114.0908,103.082,89.5507,74.3994,60.0637,46.5474,34.9401,24.3322,15.6507,7.5717,-0.5322,-7.278,-12.9763,-18.671,-25.4836,-32.9919,-41.1726,-51.2048,-61.8698,-73.0242,-83.6928,-89.7395,-91.5332,-91.0288,-91.0407,-91.6437,-90.8848,-87.5032,-85.7566,-86.0013,-88.2968,-93.7994,-101.8086,-110.9555,-117.4523,-121.1134,-121.7378,-121.2544,-120.5483,-115.7985,-111.1366,-107.5738,-105.0276,-102.8372,-100.4934,-97.0043,-93.7304,-90.7592,-88.6242,-87.616,-85.9663,-83.7317,-76.2753,-67.1398],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-8.1882,-28.502,-44.0351,-54.1253,-60.605,-57.3429,-54.0652,-46.4293,-42.4315,-34.7261,-32.3158,-32.4157,-26.9833,-22.7932,-22.7785,-27.2507,-30.0331,-32.7226,-40.1288,-42.66,-44.6178,-42.6744,-24.1865,-7.175,2.0177,-0.0479,-2.4118,3.0354,13.5264,6.9867,-0.9788,-9.1821,-22.0103,-32.0367,-36.5878,-25.9872,-14.6444,-2.4977,1.9338,2.8245,18.9991,18.6477,14.2511,10.1847,8.7616,9.3753,13.9563,13.0957,11.8847,8.54,4.0328,6.5989,8.9384,29.8257,36.5419],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"relative","eyebrow":"Relative 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pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,70.506,56.8971,71.064,50.0233,49.437,54.1556,49.0072,62.9745,69.576,92.8007,275.8124,80.0158,102.9055,40.3914,98.4033,75.5777,49.938,46.6511,33.4258,61.8262,70.7473,66.7365,59.6835,52.3265,113.1724,89.054,103.7574,61.1376,95.8476,80.2282,69.6221,1474.3872,64.2451,28.9159,34.7803,22.798,27.8833,37.8042,37.3828,38.7282,19.4756,67.2339,89.8883,72.5182,54.4043,29.9727,24.1969,18.441,14.4726,64.9378,44.7695,62.2212,47.4474,9.9152,53.009,9.5549,0.0,10.8284,21.6378,172.82,109.9643,102.8475,846.6363,225.7878],"stroke":"#1678a7","width":1.8},{"label":"Cumulative 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