ANANT RAJ has triggered a fresh breakout above the ₹580 zone – reclaiming its prior breakdown level from Feb 2025. This comes after a rounded base formation lasting 4+ months.
Fundamentals Support Swing Bias:
Positioning:
Swing trade, not an investment. Ride momentum. Trail stops. No averaging up. Exit if ₹558 breaks on closing basis.
Disclaimer:
This analysis is for educational purposes only. It is not investment advice. Do your own due diligence. Trade at your own risk.
- Breakout 1: June 2, on volume, cleared the March–May base
- Breakout 2: Now taking out neckline of broader inverse H&S
- Volume: Expanding again
- RSI: Bullish, no divergence
- Structure: Clean higher highs and lows post-Feb low
- Measured Move Target: ₹700
- Stop-Loss: ₹558
Fundamentals Support Swing Bias:
- Low debt, strong solvency
- Net profit margin ~21%
- FY26 profit growth estimate ~32%
- Valuation expensive (P/E ~46), but growth supports it short term
- Not a long-term compounding candidate yet – monitor execution
Positioning:
Swing trade, not an investment. Ride momentum. Trail stops. No averaging up. Exit if ₹558 breaks on closing basis.
Disclaimer:
This analysis is for educational purposes only. It is not investment advice. Do your own due diligence. Trade at your own risk.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。