$ANANDRATHI - CHART SPEAKS

Anand Rathi Wealth continues to exhibit a strong long-term bullish structure, trading well above its 200-day moving average while maintaining higher highs and higher lows. After a sharp rally, the stock entered a healthy consolidation phase and has now shown signs of resuming its upward momentum with a strong breakout candle. The price has also moved above the short-term moving averages, indicating renewed buying interest. The stock has reclaimed the upper end of its recent consolidation range around 1850–1860, which is an important technical development. A sustained move above 1885–1890 could trigger fresh momentum and open the door for an advance towards 1920–1960 in the near term. The Bollinger Bands are beginning to expand again, suggesting that volatility is returning in favor of the prevailing uptrend. Momentum indicators are supportive of the bullish view. RSI has rebounded sharply from the neutral zone and is now moving towards the bullish territory above 60, indicating strengthening momentum without entering extreme overbought levels. The moving averages remain positively aligned, reinforcing the broader uptrend. On the downside, the immediate support is placed at 1835–1850, followed by the stronger support zone around 1780–1800, where the 50-day moving average and previous breakout levels converge. As long as the stock holds above these support levels, the medium-term trend is expected to remain positive. Overall, the technical structure remains constructive. Traders may continue to maintain a positive bias while the stock sustains above 1835. A decisive breakout above 1890 can lead to a fresh leg of the uptrend, whereas a close below 1780 would weaken the current bullish outlook and may result in a deeper corrective phase.