ANANTRAJ - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 2.9

📊 Chart Patterns: ANANTRAJ is trading below both its 50 DMA (581 ₹) and 200 DMA (581 ₹), reflecting weakness. Current price (551 ₹) is near support at 540–550 ₹, with stronger support at 366 ₹ and resistance around 581–600 ₹.

📈 Moving Averages: Price below both short- and long-term averages indicates bearish bias. Sustained move above 581 ₹ is required for reversal.

📉 RSI: At 40.3, RSI is neutral-to-weak, suggesting limited momentum and potential sideways consolidation.

📉 MACD: Negative at -22.2, confirming bearish momentum and lack of strong upward signals.

📊 Bollinger Bands: Price is near the lower band, indicating mild oversold conditions and possible mean reversion.

📊 Volume Trends: Current volume (16,66,478) is lower than average weekly volume (25,21,263), showing reduced participation and cautious sentiment.

📌 Momentum Signals: Short-term bounce possible from 540–551 ₹ support, but trend remains weak unless price sustains above 581–600 ₹.

🎯 Entry Zone: 540–551 ₹ (near support, neutral RSI).

🎯 Exit Zone: 581–600 ₹ (short-term resistance), extended resistance at 650–700 ₹.

🔎 Trend Status: Currently consolidating with bearish bias. Reversal requires breakout above 600–650 ₹.

Positive

• Strong institutional support with FII holdings increasing (+3.06%).
• Quarterly PAT improved (74.2 Cr. vs 69.7 Cr.).
• EPS of 7.80 ₹ supports earnings base.
• Debt-to-equity ratio of 0.11 indicates low leverage.

Limitation

• High P/E ratio (74.1) compared to industry PE (33.7), indicating expensive valuation.
• Weak ROCE (6.71%) and ROE (6.17%).
• Price trading below both 50 DMA and 200 DMA.
• Volume participation lower than average, reflecting cautious sentiment.

Company Negative News

• Stock has lost significant value from its 52-week high (948 ₹ to 551 ₹).
• Profitability ratios remain weak despite earnings growth.

Company Positive News

• Quarterly profit growth (+39.0%) shows operational improvement.
• FII holdings increased, reflecting foreign investor confidence.
• Low debt-to-equity ratio ensures financial stability.

Industry

• Industry PE at 33.7 is much lower than ANANTRAJ’s P/E, highlighting premium valuation.
• Real estate and infrastructure sector outlook remains positive with demand growth, but profitability pressures persist.

Conclusion

⚖️ ANANTRAJ is consolidating near support with weak momentum. Traders may consider entry around 540–551 ₹ with exit near 581–600 ₹. Long-term investors should be cautious due to stretched valuations and weak profitability, waiting for sustained breakout above 600–650 ₹ before accumulation.