akshaynehru

Anant Raj breaking out?

Long
akshaynehru Updated   
NSE:ANANTRAJ   ANANT RAJ LTD
3
Anant raj has been on an uptrend on the daily chart with a top in place at about 51... It appears to be getting squeezed and priming itself for a breakout. Fundamentally the stock is undervalued - trading at 0.3 of book giving investors a decent margin of safety on the downside.
Comment:
If it breaks through 52.50 - 53 it go all the way to 62-64
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