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Rakesh Madhav CFA

26th Jan · SEBI-Registered Analyst

♻️ Anthony Waste Handling: Revival Play Gaining Fresh Momentum

AWHCL
is showing early signs of a trend revival on the weekly charts, backed by a sharp pickup in volumes. After spending months digesting prior gains, the stock is now attempting to move out of its consolidation zone, attracting fresh interest from market participants. What’s working in its favour: Strong weekly volume expansion, hinting at renewed accumulation Price reclaiming key short- and medium-term moving averages Improving momentum indicators, suggesting trend exhaustion on the downside From a business standpoint, analysts remain positive on long-term waste management opportunities driven by urbanisation, municipal contracts, and stricter environmental norms. While near-term volatility cannot be ruled out, the broader structure now looks more constructive than it has in recent quarters. Market view: Experts believe sustained price action above recent support zones could open up room for a gradual trend reversal, though confirmation over the next few weeks remains key.

#FundamentalViews#TechnicalViews#EquityResearch
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