ANGELONE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | ANGELONE | Market Cap | 28,119 Cr. | Current Price | 309 ₹ | High / Low | 330 ₹ |
| Stock P/E | 27.5 | Book Value | 68.1 ₹ | Dividend Yield | 1.55 % | ROCE | 15.6 % |
| ROE | 17.3 % | Face Value | 1.00 ₹ | DMA 50 | 272 ₹ | DMA 200 | 258 ₹ |
| Chg in FII Hold | 0.36 % | Chg in DII Hold | 0.77 % | PAT Qtr | 351 Cr. | PAT Prev Qtr | 301 Cr. |
| RSI | 62.2 | MACD | 19.4 | Volume | 42,17,611 | Avg Vol 1Wk | 47,01,477 |
| Low price | 209 ₹ | High price | 330 ₹ | PEG Ratio | 5.11 | Debt to equity | 1.28 |
| 52w Index | 82.3 % | Qtr Profit Var | 95.0 % | EPS | 11.2 ₹ | Industry PE | 18.5 |
📈 Chart Patterns & Moving Averages
ANGELONE is trading at ₹309, well above its 50 DMA (₹272) and 200 DMA (₹258). This indicates strong bullish momentum. Support lies near ₹300–305, while resistance is seen at ₹320–330.
📊 RSI & MACD
RSI at 62.2 reflects bullish momentum, close to overbought territory. MACD at 19.4 is strongly positive, confirming bullish crossover strength.
📉 Bollinger Bands
Price is near the upper band, showing bullish bias with potential volatility. Sustained movement above ₹320 could trigger a breakout, while a dip below ₹300 may invite selling pressure.
🔎 Volume Trends
Current volume (42,17,611) is slightly below the 1-week average (47,01,477), indicating moderate participation. Stronger volume is required to confirm breakout strength.
⚡ Momentum Signals
Short-term momentum is bullish with RSI and MACD aligned positively. Entry zone: ₹300–305. Exit zone: ₹320–330 if resistance breaks, with stop-loss below ₹295.
📌 Trend Status
The stock is trending upward with strong bullish signals and earnings momentum.
✅ Positive
- Quarterly PAT growth (₹351 Cr vs ₹301 Cr) shows strong earnings momentum.
- ROE (17.3%) and ROCE (15.6%) highlight decent capital efficiency.
- Dividend yield of 1.55% provides investor support.
- FII (+0.36%) and DII (+0.77%) holdings increased, showing institutional confidence.
⚠️ Limitation
- High debt-to-equity ratio (1.28) indicates leverage risk.
- PEG ratio (5.11) suggests expensive growth expectations.
- RSI above 60 signals risk of short-term correction.
❌ Company Negative News
- No major negative news reported, but high leverage remains a concern.
🌟 Company Positive News
- Quarterly profit variation at 95% highlights strong earnings momentum.
- Institutional inflows confirm investor confidence.
🏭 Industry
- Industry P/E at 18.5 is lower than ANGELONE’s P/E (27.5), suggesting premium valuation.
- Sector outlook remains positive with strong retail participation in financial services.
📌 Conclusion
ANGELONE is trending upward with strong fundamentals and bullish technical signals. Entry near ₹300–305 offers favorable risk-reward, while profit booking is advised around ₹320–330 unless breakout occurs above ₹330 with strong volume. Suitable for swing trades and medium-term investors, but caution is warranted due to high leverage and premium valuations.
This version is tuned for swing trade analysis with momentum overlays. Would you like me to also prepare a long-term investment horizon (2–3 years) view for ANGELONE with partial exit guidance?