ANANDRATHI - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.2

Technical Analysis Report

• Trend Status: Trending upward
• Moving Averages: Price (₹3,104) is above both 50 DMA (₹2,947) and 200 DMA (₹2,434), indicating strong bullish momentum
• RSI (52.8): Mild bullish bias, in neutral zone
• MACD (57.1): Strong positive crossover, confirming upward momentum
• Bollinger Bands: Price near upper band, suggesting potential short-term resistance
• Volume: Below average (1.2L vs 1.85L), showing reduced participation despite price strength
• Support Zones: ₹3,000, ₹2,950
• Resistance Zones: ₹3,200, ₹3,300
• Entry Zone: ₹3,000–₹3,050 (near support)
• Exit Zone: ₹3,200–₹3,300 (near resistance)

Positive

• Price above both key moving averages confirms bullish trend
• MACD and RSI support continued upward momentum
• ROCE (54.0%) and ROE (42.7%) reflect exceptional operational efficiency
• EPS of ₹40.7 and low debt-to-equity ratio (0.10) indicate strong fundamentals

Limitation

• Volume below average, suggesting weak conviction behind price movement
• High P/E (76.4) and PEG (2.31) imply premium valuation

Company Negative News

• No major negative developments; however, volume softness may reflect short-term hesitation

Company Positive News

• Quarterly PAT improved from ₹92.2 Cr to ₹97.2 Cr (+29.4%)
• FII and DII holdings increased, showing institutional confidence
• Stock has gained 87.4% from its 52-week low

Industry

• Financial services sector remains robust with rising retail participation and wealth management demand
• Industry P/E of 52.1 suggests ANANDRATHI trades at a premium

Conclusion

• ANANDRATHI is in a bullish trend with strong technical and fundamental indicators
• Entry near ₹3,000–₹3,050 offers a tactical opportunity
• Exit near ₹3,200–₹3,300 is ideal for short-term gains
• Investors should monitor volume and RSI for confirmation of sustained momentum