⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
ANGELONE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | ANGELONE | Market Cap | 21,833 Cr. | Current Price | 2,402 ₹ | High / Low | 3,285 ₹ |
| Stock P/E | 25.6 | Book Value | 642 ₹ | Dividend Yield | 1.98 % | ROCE | 26.3 % |
| ROE | 28.3 % | Face Value | 10.0 ₹ | DMA 50 | 2,524 ₹ | DMA 200 | 2,542 ₹ |
| Chg in FII Hold | -0.66 % | Chg in DII Hold | 3.24 % | PAT Qtr | 301 Cr. | PAT Prev Qtr | 236 Cr. |
| RSI | 38.4 | MACD | -2.28 | Volume | 44,94,767 | Avg Vol 1Wk | 12,83,533 |
| Low price | 1,941 ₹ | High price | 3,285 ₹ | PEG Ratio | 1.00 | Debt to equity | 0.76 |
| 52w Index | 34.3 % | Qtr Profit Var | 0.00 % | EPS | 93.9 ₹ | Industry PE | 19.1 |
📈 Technical Analysis
- Chart Patterns: Price (2,402 ₹) is below both 50 DMA (2,524 ₹) and 200 DMA (2,542 ₹), showing weakness.
- Moving Averages: Downward bias as stock trades under short- and long-term averages.
- RSI: At 38.4, approaching oversold territory, potential rebound signal.
- MACD: Negative (-2.28), bearish crossover persists but magnitude is small.
- Bollinger Bands: Price near lower band, support seen around 2,380–2,400 ₹.
- Volume Trends: Current volume (44.9L) is significantly higher than 1-week average (12.8L), showing strong participation despite weakness.
🎯 Momentum & Trade Zones
- Support Levels: 2,380–2,400 ₹ (near Bollinger lower band), 1,941 ₹ (recent low).
- Resistance Levels: 2,524 ₹ (50 DMA), 2,542 ₹ (200 DMA), 2,600–2,650 ₹ (psychological barrier).
- Entry Zone: 2,380–2,420 ₹ (accumulation near support).
- Exit Zone: 2,520–2,600 ₹ (profit booking near resistance).
- Trend: Consolidating with bearish bias; reversal possible if price sustains above 2,524–2,542 ₹.
✅ Positive
- ROCE (26.3%) and ROE (28.3%) reflect strong efficiency.
- DII holdings increased (+3.24%), showing strong domestic institutional confidence.
- Dividend yield of 1.98% provides shareholder returns.
- EPS at 93.9 ₹ supports valuation strength.
- Quarterly PAT growth (301 Cr. vs 236 Cr.) highlights earnings momentum.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, reflecting technical weakness.
- Debt-to-equity ratio at 0.76, moderately leveraged.
- High P/E (25.6) compared to industry average (19.1), suggesting overvaluation.
📉 Company Negative News
- FII holdings decreased (-0.66%), showing reduced foreign investor confidence.
- MACD remains negative, reflecting weak momentum.
📊 Company Positive News
- DII holdings surged (+3.24%), reflecting strong domestic support.
- Quarterly PAT improved significantly (301 Cr. vs 236 Cr.).
- Dividend yield of 1.98% provides consistent shareholder returns.
🏭 Industry
- Industry P/E at 19.1, lower than company’s 25.6, suggesting sector peers may be more attractively priced.
- Financial services sector remains resilient, driven by retail participation and digital adoption in broking and wealth management.
📝 Conclusion
- ANGELONE is consolidating with bearish bias but supported by strong fundamentals and domestic inflows.
- Optimal entry near 2,380–2,420 ₹ with exit around 2,520–2,600 ₹.
- Strong ROCE, ROE, and dividend yield make it attractive, but high leverage and weak technicals limit upside.
- Medium-term investors should wait for breakout above 2,524–2,542 ₹ to confirm reversal trend.