ANGELONE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.4

Here’s a comprehensive technical analysis of Angel One Ltd. (ANGELONE)

📊 Trend Overview

Current Trend: The stock is in a short-term downtrend and showing signs of reversal weakness. Price has declined sharply from its 52-week high of ₹3,503 and is now trading well below both key moving averages.

Price Action: At ₹2,265, ANGELONE is below the 50-DMA (₹2,477) and 200-DMA (₹2,581), indicating bearish pressure and lack of recovery momentum.

📈 Momentum Indicators

RSI (39.0): Bearish zone, approaching oversold territory. Indicates weak buying interest and potential for further downside unless a reversal emerges.

MACD (-85.2): Strong negative crossover, confirming bearish momentum and trend continuation.

Volume: Current volume (5.58L) is significantly below the 1-week average (9.03L), showing declining participation, which supports the bearish outlook.

📉 Volatility & Bands

Bollinger Bands: Price is near the lower band, suggesting oversold conditions. However, without volume confirmation, a bounce remains speculative.

📌 Support & Resistance Zones

Type Price Zone (₹) Notes

Support 2,200 – 2,250 Near recent swing low and psychological base

Resistance 2,475 – 2,580 50-DMA and 200-DMA zone

Breakout 2,600+ Above this, next target is ₹2,800 – ₹3,000

🎯 Entry & Exit Strategy

Optimal Entry: ₹2,200 – ₹2,250 (on dips with bullish reversal confirmation)

Exit Zone: ₹2,475 – ₹2,600 (partial profit booking); ₹2,800+ (final resistance)

Stop Loss: ₹2,150 (below recent support)

🔍 Summary

Trend: Reversing downward

Momentum: Weak signals from RSI and MACD

Volume: Declining, confirming lack of breakout strength

Outlook: Cautiously bearish; wait for bounce confirmation above ₹2,475 or reversal near ₹2,200

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