ANANDRATHI - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.7

Here’s a detailed technical analysis of Anand Rathi Wealth Ltd. (ANANDRATHI)

📊 Trend Overview

Current Trend: The stock is in a strong uptrend, trading near its 52-week high of ₹3,095. Price action shows bullish continuation with steep momentum and minimal pullbacks.

Price Action: At ₹3,058, the stock is significantly above both the 50-DMA (₹2,718) and 200-DMA (₹2,234), confirming sustained bullish strength across all timeframes.

📈 Momentum Indicators

RSI (76.5): Overbought zone. Indicates strong buying interest but also signals caution for potential short-term pullback or consolidation.

MACD (99.4): Strong positive crossover, confirming momentum continuation and trend strength.

Volume: Current volume (60K) is below the 1-week average (1.06L), suggesting momentum is intact but participation is cooling slightly near resistance.

📉 Volatility & Bands

Bollinger Bands: Price is hugging the upper band, signaling strength. However, a pause or minor correction is likely unless volume picks up.

📌 Support & Resistance Zones

Type Price Zone (₹) Notes

Support 2,900 – 2,950 Near recent swing low and psychological base

Resistance 3,095 – 3,150 52-week high and psychological barrier

Breakout 3,160+ Above this, next target is ₹3,300 – ₹3,400

🎯 Entry & Exit Strategy

Optimal Entry: ₹2,950 – ₹3,000 (on dips with bullish confirmation)

Exit Zone: ₹3,100 – ₹3,160 (partial profit booking); ₹3,300+ (final resistance)

Stop Loss: ₹2,880 (below recent support)

🔍 Summary

Trend: Trending upward

Momentum: Extremely strong, but RSI suggests caution

Volume: Slightly cooling, but trend remains intact

Outlook: Positive; watch for sustained move above ₹3,095 with volume for next leg up

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