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AALGO BREATHS I SEBI RA

8th May · SEBI-Registered Analyst

Anant Raj Ltd – Strong Breakout with Bullish Momentum

ANANTRAJ
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 📊

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