Insider
ANGEL BROKING LONG OPPORTUNITYAngel 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 loss and exit price to be target. As you can see the stock is already rallying so it's a really good moment to make fresh long positions as there may be more upside after 1400 but the situation currently makes me fell cautious so I showed 1400 the exit point but it's upon you o hold if it reached 1400. This is a great stock but more great because of retail investor's interest and insider's activity. SO DONT HESISTATE , THIS IS A VERY GOOD OPPORTUNITY.
ALPHAGEO / RSI Divergence / Turnaround ? ALPHAGEO has a very small market cap of 153 Cr.
So please be cautious this stock can give violent moves
Wait for a decisive breakout above 260
Price is respecting resistance of 240
This is the 7th time price is at resistance
Looks resistance is weakening up might give breakout
Cut your position in half below 230
SL 212
TP 500
We can see RSI divergence long term RSI is getting stronger but the price is still at the same levels
Also, the insider is buying that also gives confidence.