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Dhwani Patel

1 hour ago · SEBI Registration INH200008608

Anant Raj breaks support as Ichimoku signals weaken

Anant Raj closed near ₹481.65 after a sharp decline, breaking below the recent support region and slipping under every major Ichimoku reference level. The conversion line is near ₹547.50, the base line is around ₹557.05, and the projected cloud is positioned roughly between ₹552 and ₹564. With price far below this cluster, the chart has moved from consolidation into a clear bearish momentum phase.

ANANTRAJ
earlier ₹610 area acted as a major horizontal reference during the July–September period, but the stock failed to sustain above it and has now fallen through the lower end of its recent range. The immediate task for buyers is to protect the ₹465–₹480 zone. A sustained break below this band can open room toward ₹425, which is the next major visible support from the March–April structure. Any rebound should be judged by its ability to reclaim levels rather than by the size of a single green candle. ₹515 is the first near-term recovery area, followed by ₹547–₹557 where the conversion line and base line create heavy overhead supply. A move back above the cloud would be required to restore a stronger bullish trend. Anant Raj has exposure to real estate and data-centre-related growth themes, but the present chart is signalling caution. The stock needs to stabilise above ₹465–₹480 and then recover ₹515 before the technical damage begins to repair. Until then, rallies may face selling pressure near resistance.

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ANANTRAJ_Support_Breakdown_Analysis.png.png
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