Anupam Rasayan — Cup Breakout in Progress ☕

Anupam Rasayan closed at ₹1,254, forming a textbook cup-with-handle breakout on the weekly chart. The stock has regained momentum, supported by rising volumes and improving sentiment in specialty chemicals. Technical View: Breakout above ₹1,160 confirmed, retesting resistance near ₹1,260. RSI (14) at 69.6, showing rising strength — moderate bullish momentum. Stock trades well above 9-EMA (₹925), validating strong positional uptrend. Support: ₹1,160 | Resistance: ₹1,300–₹1,340 | Bias: Bullish breakout continuation. Fundamental View: Benefiting from global China+1 tailwinds and new long-term supply agreements. Focus on high-margin specialty products and green chemistry expanding margins. Strong order book visibility and capacity additions underpin earnings growth. Outlook: Sustaining above ₹1,160 confirms long-term breakout; momentum targets ₹1,320–₹1,400 zone.