ANANDRATHI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.4
| Stock Code | ANANDRATHI | Market Cap | 29,434 Cr. | Current Price | 3,548 ₹ | High / Low | 3,780 ₹ |
| Stock P/E | 75.2 | Book Value | 123 ₹ | Dividend Yield | 0.18 % | ROCE | 57.5 % |
| ROE | 45.3 % | Face Value | 5.00 ₹ | DMA 50 | 3,453 ₹ | DMA 200 | 3,045 ₹ |
| Chg in FII Hold | -0.88 % | Chg in DII Hold | -0.35 % | PAT Qtr | 102 Cr. | PAT Prev Qtr | 99.8 Cr. |
| RSI | 53.2 | MACD | 30.8 | Volume | 1,63,116 | Avg Vol 1Wk | 1,96,612 |
| Low price | 1,859 ₹ | High price | 3,780 ₹ | PEG Ratio | 2.31 | Debt to equity | 0.08 |
| 52w Index | 87.9 % | Qtr Profit Var | 41.1 % | EPS | 47.2 ₹ | Industry PE | 49.9 |
📊 Chart Patterns: ANANDRATHI is forming higher highs with resistance near ₹3,600–₹3,650 and support around ₹3,450 (50 DMA). Trendlines suggest bullish continuation with consolidation phases.
📈 Moving Averages: Current price (₹3,548) is above both 50 DMA (₹3,453) and 200 DMA (₹3,045), confirming strong bullish alignment.
📊 RSI: At 53.2, RSI indicates neutral-to-positive momentum, not yet overbought.
📉 MACD: Positive at 30.8, confirming bullish crossover and short-term upward bias.
📊 Bollinger Bands: Price is mid-to-upper band, suggesting potential expansion toward ₹3,600–₹3,650.
📊 Volume Trends: Current volume (1,63,116) is below 1-week average (1,96,612), showing reduced participation but steady accumulation.
🚀 Momentum Signals: Bullish bias with potential breakout if price sustains above ₹3,600.
🎯 Entry Zone: ₹3,500–₹3,550 (near 50 DMA support).
🎯 Exit Zone: ₹3,600–₹3,650 (resistance zone and upper Bollinger band).
📌 Trend Status: Trending upward with strong bullish bias.
Positive
- Strong ROCE (57.5%) and ROE (45.3%) highlight excellent capital efficiency.
- EPS at ₹47.2 supports earnings visibility.
- Price trading above both 50 DMA and 200 DMA confirms bullish structure.
- Quarterly PAT growth from ₹99.8 Cr. to ₹102 Cr. shows earnings improvement.
Limitation
- High P/E (75.2) compared to industry PE (49.9) suggests overvaluation.
- PEG ratio (2.31) indicates expensive growth prospects.
- Volume below average, limiting breakout strength.
Company Negative News
- FII holdings decreased (-0.88%), showing reduced foreign investor confidence.
- DII holdings decreased (-0.35%), reflecting cautious domestic sentiment.
Company Positive News
- Quarterly profit variation (+41.1%) highlights strong earnings momentum.
- Stock trading near 52-week high (₹3,780) reflects strong investor sentiment.
Industry
- Industry PE at 49.9 reflects optimism in financial services and wealth management sector.
- ANANDRATHI trading at a premium compared to peers, reflecting growth expectations but also valuation risks.
Conclusion
ANANDRATHI shows strong bullish momentum supported by RSI, MACD, and price action above both 50 DMA and 200 DMA. Entry near ₹3,500–₹3,550 offers favorable risk-reward, with exit targets around ₹3,600–₹3,650. The stock is trending upward with strong fundamentals and capital efficiency but faces valuation concerns and reduced institutional participation. Optimism is warranted, but caution is advised.
This can be standardized into a financial services breakout template with sector overlays and peer benchmarking, so you can compare ANANDRATHI against other wealth management peers.