ANKITMETAL · Materials · 2026-08-07
Ankit Metal & Power Ltd
Stage 4 · wk 5In scan: Breakout WatchMARKET: BULL TOPPING · 2026-08-07
₹1.6
+1.27% today
₹22 Cr · Micro cap
About this companyMaterials· Iron & SteelExpand ▾
Ankit Metal & Power Limited manufactures and sells iron and steel products in India. The company offers sponge iron, M.S. billets, TMT bars, pig iron, silico manganese, power, ferro silicon, wire Rods, and rolled products. It serves real estate developers, construction units, forging units, wire drawing units, railways, and engineering industries. The company was incorporated in 2002 and is based in Kolkata, India.
Visit company website →vs 52W High
-24.6%
₹1.3 lo₹2.1 hi
24.6% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 5
1w13w26w
Week 5 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-2.8%
200 DMA: ₹1.6 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.42x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↗ ⇈
Accelerating · MA20 +3.0% vs MA50 -2.4% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Materials
Stage 2%
33.9%
20d Δ
-4.4pp
1M return
+4.9%
3M return
+1.9%
Sector Stage-2 % · last 20 days
Sector has 135 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
Stage 2%
38.0%
20d Δ
-14.8pp
1M return
+5.8%
3M return
+1.2%
Industry Stage-2 % · last 20 days
Industry has 27 Stage 2 leaders. See Iron & Steel Stage 2 →
Price + Volume Chart
1M
+6.0%
3M
-0.6%
6M
-6.5%
YTD
-6.5%
1Y
-17.2%
Moving averages & range
50 DMA
₹1.5
200 DMA
₹1.6
52W High
₹2.1
52W Low
₹1.3
5D Low
₹1.6
Resistance levels (recent highs)
20d High
₹1.6
60d High
₹1.7
120d High
₹1.8
250d High
₹2.1
Next resistance
+1.9%
to 20d High
All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.