ANGELONE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | ANGELONE | Market Cap | 21,461 Cr. | Current Price | 236 ₹ | High / Low | 328 ₹ |
| Stock P/E | 25.2 | Book Value | 64.2 ₹ | Dividend Yield | 2.03 % | ROCE | 26.3 % |
| ROE | 28.3 % | Face Value | 1.00 ₹ | DMA 50 | 242 ₹ | DMA 200 | 251 ₹ |
| Chg in FII Hold | -0.66 % | Chg in DII Hold | 3.24 % | PAT Qtr | 301 Cr. | PAT Prev Qtr | 236 Cr. |
| RSI | 51.0 | MACD | -8.87 | Volume | 2,73,09,799 | Avg Vol 1Wk | 1,46,27,890 |
| Low price | 206 ₹ | High price | 328 ₹ | PEG Ratio | 0.99 | Debt to equity | 0.76 |
| 52w Index | 24.8 % | Qtr Profit Var | 0.00 % | EPS | 9.39 ₹ | Industry PE | 17.2 |
📊 Chart & Trend: Current price (236 ₹) is trading below both 50 DMA (242 ₹) and 200 DMA (251 ₹), reflecting a mild bearish undertone. Support lies near 206–210 ₹, resistance at 242–251 ₹.
📉 Momentum Indicators: RSI at 51.0 indicates neutral momentum. MACD at -8.87 confirms bearish bias. Bollinger Bands show price near the mid-band, suggesting consolidation with slight weakness.
📈 Volume Trends: Current volume (2.73 Cr) is significantly higher than the 1-week average (1.46 Cr), showing strong participation and heightened trading interest.
🎯 Entry Zone: 225–235 ₹ (near support, tactical entry).
🎯 Exit Zone: 245–255 ₹ (near 200 DMA resistance; profit booking advisable).
🔎 Trend Status: The stock is consolidating with bearish bias. Strong volume suggests active interest, but weak technicals limit breakout potential.
Positive
- High ROCE (26.3%) and ROE (28.3%) reflect strong capital efficiency.
- Dividend yield at 2.03% adds income appeal.
- Quarterly PAT growth (301 Cr vs 236 Cr) shows improving profitability.
Limitation
- P/E (25.2) is above industry average (17.2), suggesting overvaluation.
- Debt-to-equity ratio at 0.76 indicates moderate leverage risk.
- Stock trading below both 50 DMA and 200 DMA reflects technical weakness.
Company Negative News
- FII holding decreased (-0.66%), showing reduced foreign investor confidence.
- MACD remains negative, confirming bearish momentum.
Company Positive News
- DII holding increased (+3.24%), showing strong domestic institutional support.
- Quarterly profit variance (+0.00%) indicates stability in earnings momentum.
- 52-week performance (24.8% index gain) reflects resilience despite volatility.
Industry
- Industry PE at 17.2 suggests moderate sector valuation.
- Financial services sector benefits from rising demand for brokerage, fintech, and wealth management solutions.
Conclusion
⚖️ ANGELONE is consolidating with bearish bias, trading below key moving averages. Entry near 225–235 ₹ offers tactical opportunity for short-term rebound toward 245–255 ₹. Fundamentals show strong efficiency and dividend support, but high leverage and weak technicals limit upside. Best suited for cautious swing trades with strict stop-loss near 225 ₹.
Would you like me to extend this into a financial services sector basket overlay with peer benchmarking, so you can compare ANGELONE’s setup against peers like ANANDRATHI, Motilal Oswal, and IIFL for rotation opportunities?