Buy Angelbroking at CMP. Target 25-30% upmovement. CDSL and BSE has started its upmove again from today. Angelbroking is my best bet considering its fundamentals and technical levels compared to its peers.
Angel Broking has given us a good breakout still there's a small resistance at 1475 if it closes above 1475-1480 we can see 30-35% upside.
We have good support in range of 1015-1000.
RS to Nifty is very bullish.
Weekly Time Frame shows clear cut indication of strong trend as the stock has bounced back from 38.2% FIB .
Hourly Time Frame shows another inverse head and shoulders pattern which can be used to enter to the trade, but always remember the bigger picture. Even if this small time...
Angel Broking is a stock which has rallied from its IPO like crazy. Insiders activity is suspected in the rally. No signs of the stock correct due to it's firm financials and fundamentals and due to surge in volumes, I think a rally is here. Potential upside is seen. If the stock doesn't reach the target till the line I inserted exit it.
Supports to be made stop...