buy on dips to be followed due to correction

Anand Rathi Share & Stock Brokers Limited is an Indian financial services company offering stock broking, margin trading facilities and distribution of financial products. Its customer base includes retail investors, high-net-worth individuals and institutional clients. The company's performance is closely linked to activity in the Indian capital markets. Trading volumes, investor participation, client acquisition, assets under management and demand for margin funding can influence revenue and profitability. Unlike manufacturing businesses, a brokerage company does not depend primarily on physical production. Instead, its earnings are affected by market conditions, brokerage income, financing revenue, operating expenses and regulatory developments. The company also reported 61% year-on-year growth in its Margin Trading Facility (MTF) book during FY26, while assets under management increased by 21%. These developments can support income growth, although MTF expansion also requires careful monitoring of funding costs and credit risks. Level Price zone Near-term support ₹530–₹535 Important support ₹515–₹521 Lower support ₹495–₹501 Immediate resistance ₹548–₹552 Strong resistance ₹570–₹576 These zones are approximate and should be verified against the latest daily chart. Recent price data recorded a low near ₹531 and a high near ₹576 during the sessions reviewed. Anand Rathi +1 Support analysis: The ₹530–₹535 region is an important near-term area to watch. A sustained breakdown below this zone may increase selling pressure, with the ₹515–₹521 region becoming relevant. Resistance analysis: The ₹548–₹552 zone represents immediate resistance. A sustained close above this region, supported by stronger volume, could improve the short-term outlook. The ₹570–₹576 zone is a stronger hurdle because the stock recently encountered selling pressure around these levels.