Positional call – buy ANANTRAJ above 63 sl 56 target 75-85

1-2 months holding

Technical study – Anatraj chart study show that it has come to the important support level at present, and its taking support near ascending line of a triangle. so if it able to maintain the level then we can see some jump in coming days.

RSI showing that is a creation of positive divergence on chart, but same should be confirm by its price.

According to candlestick pattern it has given Inverted hammer candle on 4th june 2013, so this also indicates that this is possible reverse in trend.

above basic study indicating that Anantraj is trading on its support and if able to give close above 63 level it can confirm the reversal in its recent falling trend. and if you see clearly its a creation of symmetric triangle on chart.so soon we can wait for triangle breakout also.