ANGELONE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.2

📊 Chart Patterns: ANGELONE is trading below its 50 DMA (2,576 ₹) and slightly above its 200 DMA (2,559 ₹), reflecting short-term weakness but long-term stability. Current price (2,515 ₹) is near support at 2,500–2,515 ₹, with resistance around 2,576–2,600 ₹ and major resistance at 2,800–3,000 ₹.

📈 Moving Averages: Price below the 50 DMA but near the 200 DMA suggests consolidation. Sustained move above 2,576 ₹ is required for bullish reversal.

📉 RSI: At 39.7, RSI is near oversold territory, indicating potential for a short-term bounce.

📉 MACD: Negative at -30.2, confirming bearish momentum in the short term.

📊 Bollinger Bands: Price is near the lower band, suggesting oversold conditions and possible mean reversion.

📊 Volume Trends: Current volume (7,13,225) is higher than average weekly volume (4,33,118), showing increased participation near support zones.

📌 Momentum Signals: Short-term bounce possible from 2,500–2,515 ₹ support, but trend remains weak unless price sustains above 2,576–2,600 ₹.

🎯 Entry Zone: 2,500–2,515 ₹ (near support, oversold RSI).

🎯 Exit Zone: 2,576–2,600 ₹ (short-term resistance), extended resistance at 2,800–3,000 ₹.

🔎 Trend Status: Currently consolidating with bearish bias. Reversal requires breakout above 2,600–2,800 ₹.

Positive

• Strong ROCE (26.3%) and ROE (28.3%) highlight efficient capital use.
• Dividend yield of 1.89% provides shareholder value.
• EPS of 94.2 ₹ supports earnings strength.
• Quarterly PAT improved sequentially (236 Cr. vs 134 Cr.).

Limitation

• Stock trading below 50 DMA, showing short-term weakness.
• High debt-to-equity ratio (0.76) compared to peers.
• FII (-1.55%) and DII (-1.56%) holdings decreased, showing reduced institutional confidence.
• Quarterly profit variation (-46.0%) reflects earnings pressure.

Company Negative News

• Stock has lost value from its 52-week high (3,285 ₹ to 2,515 ₹).
• Institutional investors reduced holdings, reflecting cautious sentiment.

Company Positive News

• Sequential PAT growth shows operational improvement despite YoY decline.
• Dividend yield adds shareholder value.
• Strong fundamentals with high ROCE and ROE.

Industry

• Industry PE at 20.7 is lower than ANGELONE’s P/E (26.8), highlighting premium valuation.
• Financial services sector outlook remains strong with rising demand for brokerage and wealth management.

Conclusion

⚖️ ANGELONE is consolidating near support with weak short-term momentum but strong fundamentals. Traders may consider entry around 2,500–2,515 ₹ with exit near 2,576–2,600 ₹. Long-term investors should monitor valuation risks and wait for sustained breakout above 2,800 ₹ before accumulation.