ANGEL ONE - Trend Analysis - Swing Trading
1. Forming Inverted head and shoulder patterns in the weekly timeframe.
2. First target will be 1450, it may hit in a week span... This should be a very quick swing trading... more than 10% return in a week...
3. If it crosses 1450 then it will complete the inverted head and shoulder patterns, the target will be 1800 to...
Angel One Ltd seems Double bottom pattern in daily chart. It's strong bullish pattern. keep concentrate for the neckline breakout at 1502. If price sustain above the price engagement 1515, It's rally continue towards upward.
Makkale we got an oppurtunity for swing in Angel One. Kindly try to buy at lower levels for margin of safety. As i always say whatever we do must follow risk rewrad and money management and also keep in mind that market is in bearish mode. So adapt accordingly. CHEERS!!
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Angel One Ltd is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking, institutional broking, providing margin trading facility, depository services and distribution of mutual funds, lending as a NBFC and corporate agents if insurance companies. [
Angel Broking has retested its breakout and one can go long in this counter by keeping a stop loss at Rs.1590 as it still trades at All time high. I do not expect bumper returns from this level as initial breakout gave plenty, but a good consolidation at these levels can mean that the stock can still do well in the coming months.
#ANGEL
#ANGELONE
Added positional in angel one @1510
will add more on breakout retest, around 1460.
Breakout seems strong.
Posted good numbers prev. qtr.
#vr
Angel One can be longed at CMP.
Above 1300 this can catch momentum for the given targets.
17th Jan is the result date can reach 1440 before that and 1750 after the result depending on how good it is.
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 is making a nice rounded bottom base breakout. This base is formed after an up rally of over 30%.. This breakout gives a good Risk Reward opportunity for a swing/positional trader.
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.
