Price and trend forecast of ANANTRAJ for Tomorrow, Weekly, Monthly
Anant Raj Limited
Symbol: NSE:ANANTRAJ
ISIN: INE242C01024
537.25
As on 2024-07-26
ANANTRAJ's Today's Performance
Anant Raj Limited started the day by opening at 516.00 today 2024-07-26. Its shares reached a high of 542.50 and dipped to a low of 510.30 in intraday. When the markets closed, ANANTRAJ’s stock price settled at ₹537.25 per share. Also check out its key support and resistance levels.
ANANTRAJ Buy/Sell Targets
Tomorrow, buy ANANTRAJ when its price reaches ₹ 537.25 with a stop-loss order at ₹ 525.74. You can set the target price as ₹ 548.76 to capture potential gains. This buy position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of ANANTRAJ for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for ANANTRAJ
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 550 |
| Tomorrow Down Target 2 | 562 |
| Tomorrow Down Target 3 | 582 |
Important Levels for ANANTRAJ
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 518 |
| Tomorrow Up Target 2 | 498 |
| Tomorrow Up Target 3 | 485 |
Based on where the stock opens tomorrow, if ANANTRAJ opens on a positive note, our first target will be ₹550. If Target 1 is achieved, we will aim for Target 2 which is ₹562.
But if ANANTRAJ falls below the average value of ₹530.02, you can enter a sell side position with target number 1 - ₹518 and second target - ₹498 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of ANANTRAJ
Looking at ANANTRAJ, we've seen a Increasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, ANANTRAJ has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for ANANTRAJ is strong bullish.
Tomorrow's Volume based share price Forecast for ANANTRAJ
ANANTRAJ's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 62%.
Reversal detection for ANANTRAJ
ANANTRAJ may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹513 in morning tomorrow
| Target 1 tomorrow | 542 |
| Target 2 tomorrow | 550 |
| Target 3 tomorrow | 562 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with ANANTRAJ's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if ANANTRAJ opens on a positive note, our first target will be ₹549.73. If Target 1 is achieved, we will aim for Target 2 which is ₹562.22.
But if ANANTRAJ falls below the average value of ₹530.02, you can enter a sell side position with target number 1 - ₹517.53 and second target - ₹497.82
ANANTRAJ's Weekly Targets
| 1st Up Target | 559.83 |
| 2nd Up Target | 582.42 |
| 1st Down Target | 497.33 |
| 2nd Down Target | 457.42 |
As the week for ANANTRAJ ended on bullish sentiments, we can expect further continuation of this sentiment. ANANTRAJ's initial target will be 559.83 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 497.33 in the upcoming week.
Weekly OHLC Values
| Open | 510.00 |
| High | 542.50 |
| Low | 480.00 |
| Close | 537.25 |
Week for ANANTRAJ started with an open price of 510.00, and the close was at 537.25. ANANTRAJ reached the highest of 542.50 and dipped lowest up to 480.00 last week. This indicates a bullish sentiment for the week.
ANANTRAJ full month swing targets
| Monthly Up Target 1 | 622.33 |
| Monthly Up Target 2 | 644.92 |
| Monthly Down Target 1 | 434.83 |
| Monthly Down Target 2 | 332.42 |
Targets of ₹622.33 can be expected to be reached in the coming month. Once ANANTRAJ achieved this target, we can aim for the next upside target of ₹644.92.
ANANTRAJ if fails to hold upside, down targets of ₹434.83 and ₹332.42 can be achieved by end of this month.
For complete three weeks if ANANTRAJ is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as ANANTRAJ
| Symbol | Name | Industry |
|---|---|---|
| DLF | DLF Limited | Real Estate - Development |
| LODHA | Macrotech Developers Limited | Real Estate - Development |
| GODREJPROP | Godrej Properties Limited | Real Estate - Development |
| OBEROIRLTY | Oberoi Realty Limited | Real Estate - Development |
| PHOENIXLTD | The Phoenix Mills Limited | Real Estate - Diversified |
Summary
ANANTRAJ is expected to reach the target of 549.73 in tomorrow's trading session.
After achieving the initial target in ANANTRAJ, we will aim for higher targets of 562.22 tomorrow.
However, if ANANTRAJ starts to trade below ₹530.02, then we will shift our focus to the sell side and aim for down targets of 517.53 and 497.82.