ANANTRAJ - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.6

Technical Analysis Report

• Trend Status: Reversing upward
• Moving Averages: Price (₹651) is above both 50 DMA (₹625) and 200 DMA (₹583), indicating bullish alignment
• RSI (50.9): Neutral zone, with slight bullish tilt
• MACD (-0.40): Mild bearish crossover, signaling short-term caution
• Bollinger Bands: Price near mid-band, suggesting consolidation with breakout potential
• Volume: Slightly below average (24.5L vs 28.0L), showing reduced participation
• Support Zones: ₹630, ₹610
• Resistance Zones: ₹670, ₹700
• Entry Zone: ₹630–₹645 (near support)
• Exit Zone: ₹670–₹700 (near resistance)

Positive

• Price above both key moving averages confirms bullish structure
• FII holding increased by 3.06%, indicating strong foreign investor confidence
• Quarterly profit variation of +64.8% shows strong earnings growth
• Low debt-to-equity ratio (0.11) reflects financial discipline

Limitation

• MACD slightly negative, indicating short-term weakness
• Volume below average, suggesting weak conviction
• High P/E (95.1) and PEG (1.65) imply valuation concerns
• ROCE (6.71%) and ROE (6.17%) are modest

Company Negative News

• DII holding declined by 0.29%, reflecting cautious domestic sentiment

Company Positive News

• Quarterly PAT improved from ₹65.1 Cr to ₹69.7 Cr
• EPS of ₹7.20 supports earnings visibility
• Stock has gained 49.0% from its 52-week low

Industry

• Real estate and infrastructure sector benefits from urbanization and government-led development initiatives
• Industry P/E of 41.9 suggests ANANTRAJ trades at a premium

Conclusion

• ANANTRAJ is in a bullish reversal phase with improving technical indicators
• Entry near ₹630–₹645 offers a tactical opportunity
• Exit near ₹670–₹700 is ideal for short-term gains
• Investors should monitor MACD and volume for confirmation of sustained momentum