Research preview

Stocks / India ANTHEM Breakout Structure ANTHEM (Anthem Biosciences Limited) is being reviewed as a D1 setup, with the market focus around breakout acceptance near Rs.900-905, risk control below Rs.880. ANTHEM is trading near Rs.893.80 after a 2.32% session move. Volume is around 26905 and market value is near Rs.49,768.65 Cr, so the quality of the setup depends on whether price can hold the breakout zone after the first reaction rather than only printing a fast spike. The technical filter is balanced around RSI14 at 66.2, ADX at 36.1, weekly performance of 0.20%, and one-month performance of 15.92%. A cleaner continuation case needs price to stay above the trigger area...