DevanNaayar

Anant Raj Ltd - Breakout - Waiting for retest confirmation

NSE:ANANTRAJ   ANANT RAJ LTD
Company from real estate development engaged in the process of building Hotels, IT Parks, SEZs etc. A zero promoter pledge company with a tendancy of reducing debt . Now in its 52 week high zone. Eventhough sales growth is poor , its revenue and profit are increasing for the last 2 quarters. Showing a positive sign of upward movement . Waiting for results and the positive movement in shares are due to this recently. Waiting for a retesting confirmation . Expecting 150 levels within short time .

Current price = 133.3

Penafian

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