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Umang Bhutada

5th Nov · SEBI-Registered Analyst

ANANDRATHI | TECHNO-FUNDA ANALYSIS

Anand Rathi Wealth Ltd – 1D

ANANDRATHI
Trend Description: The stock remains in a strong uptrend after a powerful breakout and retest near ₹3,030. It is consolidating above this level, indicating strength and potential for another upward leg. Support and Resistance Levels: Support: ₹3,026 / ₹2,848 / ₹2,695 Resistance: ₹3,321 Expected Move: Holding above ₹3,030 keeps the short-term outlook bullish; a move above ₹3,320 may open room toward ₹3,450+. Breakdown below ₹3,000 could trigger a dip toward ₹2,850. Short Fundamentals Summary: A growing wealth management firm with robust AUM growth, consistent profitability, and expanding client base — strong fundamentals backing price action. Final Verdict: 🚀 Bullish consolidation — Breakout above ₹3,320 may extend momentum; ₹3,000 acts as key support.

#FundamentalViews#TechnicalViews
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