ANANDRATHI - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.9

📊 Technical Overview of Anand Rathi Wealth Ltd. (ANANDRATHI)

📈 Trend Analysis

Current Price: ₹2,688

50 DMA: ₹2,232

200 DMA: ₹1,982

Trend Status: The stock is in a strong uptrend, trading well above both moving averages. Price action shows consistent higher highs and higher lows, confirming bullish strength.

📈 Momentum Indicators

RSI (75.5): Overbought — reflects very strong momentum, but also signals potential for short-term cooling or consolidation.

MACD (162): Exceptionally positive — confirms strong bullish crossover and trend continuation.

Volume: 1.61L vs 1-week avg of 1.91L — slightly below average, but still healthy, indicating sustained interest.

📊 Bollinger Bands

Price is likely hugging the upper band, consistent with overbought RSI and strong MACD.

Bands are expanding, suggesting momentum breakout and elevated volatility.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 2,232 Strong Support

200 DMA 1,982 Long-Term Support

Current Price 2,688 Well above both DMAs — bullish bias

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 2,500–2,550 Minor pullback zone

Support 2 2,230–2,250 50 DMA zone

Resistance 1 2,700–2,725 All-time high zone

Resistance 2 2,850+ Psychological breakout level

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹2,500–₹2,550 (on dip or RSI cooling)

Exit Zone (Short-Term): ₹2,700–₹2,725 (initial resistance), ₹2,850+ (if breakout sustains)

Stop Loss: ₹2,450 (below recent support)

📌 Summary

Trend: Strongly trending upward

Momentum: Extremely strong, but nearing exhaustion

Volume: Stable, supports trend

Setup: Ideal for breakout traders; wait for minor dip before fresh entry due to overbought RSI

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