Swan Energy Ltd. (CMP ₹520, Stop Loss ₹475) surged 3% today, extending its breakout move after crossing a crucial resistance level at ₹475 in the previous session, backed by strong volumes. The positive momentum continued today with further volume growth, reinforcing bullish sentiment in the stock.

A key technical development is Swan Energy’s crossover above its 200-day moving average, a classic indicator of a potential long-term uptrend. Supporting indicators like MACD and RSI are also flashing bullish signals, suggesting that investor interest could continue in the near term.

However, it is worth noting that the stock is currently extended above its short-term 10-day and 21-day moving averages, indicating that risk management is essential for new entries. Despite this, the stock shows promise and may evolve as a sector outperformer if momentum sustains.

Source: NSE


Founded in 1909 as Swan Mills Ltd., Swan Energy Limited has evolved from a textile manufacturer to a diversified enterprise. It is currently making strategic strides in real estate and energy, particularly with its LNG terminal development at Jafrabad, Gujarat, featuring Floating Storage and Regasification Units (FSRU).

Anant Raj Ltd. (CMP ₹613, Stop Loss ₹560) has been gathering notable volume in recent trading sessions, underlining rising investor interest. The stock is moving in a defined uptrend and is now testing its 200-day moving average, which sits around the ₹625 mark and currently acts as resistance.

The momentum remains firm, suggesting that the bulls are in control. Whether the stock breaks through this resistance in the coming days will be key to watch, especially given the growing interest and volume accumulation.

Source: NSE

Anant Raj Ltd is a well-established name in the real estate sector, engaged in the development of residential townships, commercial complexes, malls, IT parks, and hospitality ventures. Operating mainly across Delhi, Haryana, Rajasthan, and the NCR, the company handles the entire project lifecycle from land acquisition to marketing and delivery.

Note: Charts and prices are as of 1 PM.

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