📊 Anant Raj Ltd – Strong Breakout with Bullish Momentum
The stock has witnessed a powerful recovery from lower levels and is now showing strong bullish continuation with fresh breakout momentum.
🔎 Technical Observations:
• Sharp reversal after prolonged correction phase
• Formation of higher highs & higher lows
• Strong bullish candle with volume expansion
• Price sustaining above important breakout zone
• Momentum indicators turning strongly positive
🔑 Key Levels to Watch:
• Immediate Support: ₹520 – ₹500
• Major Support: ₹475 – ₹445
• Immediate Resistance: ₹560 – ₹580
🚀 Upside Targets:
• ₹605
• ₹630
• ₹660+
📉 Risk Scenario:
Breakdown below ₹500 may weaken the current bullish structure and lead to profit booking pressure.
📈 Trading View:
👉 Stock is showing strong bullish continuation after breakout
👉 Sustained move above ₹560 can trigger fresh upside rally
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊