Anant Raj Ltd – Weakness After Rejection from Resistance

The stock is facing selling pressure after a failed breakout attempt and is now showing signs of short-term weakness. 🔎 Technical Observations: • Rejection from higher resistance zone • Formation of lower highs indicating weakness • Sharp bearish candle with volume spike • Price slipping below short-term support • Momentum indicators turning negative 🔑 Key Levels to Watch: • Immediate Support: ₹480 – ₹460 • Major Support: ₹430 – ₹400 • Immediate Resistance: ₹510 – ₹530 🚀 Upside Scenario (If Reversal): • ₹550 • ₹580 • ₹600+ 📉 Risk Scenario: Sustained breakdown below ₹460 may trigger further downside towards ₹430 📈 Trading View: 👉 Stock is showing weakness after rejection 👉 Avoid aggressive buying until strength returns 👉 Reclaim of ₹530 can bring back bullish momentum ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊