1 % trade on Angel one around 2935 levels Angelone looks goos around 2935-2930 levels maintain sl around 2900 for target of 2980 +++ 3040 +++ 3220+++ 3450++++ levels
ANGELONE trade ideas
ANGELONE - CLEAN BREAKOUT? What's next?A Textbook pattern of Inv H&S shoulder pattern is visible.. Mostly this structure is doing the rounds everywhere and mine is no different..
On the wave counts too, it fulfills are the criterial to have commenced the 5th wave up.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
Double Bottom + Inverted Head & Shoulder Pattern Breakout✅ Angel One has broken out of a long-term descending resistance trendline, confirming a double-bottom + inverted head & shoulder pattern on the daily chart. The stock is trading near the 3400 resistance zone, with strong volume indicating bullish momentum. Sustaining above 3400 could lead to a rally towards 3900 and higher levels. Traders can look for a retest near 3300 for better risk-reward entries.
Angel One - good fundamentals and technicalsWeekly Chart
Rounding base and Cup and Handle formation followed by Neckline Breakout
Recently Highest ever volume spikes seen and average volumes increasing
Fundamentals are descent, business with approx. 45% OPM
Recently Angel One received mutual fund licence
Stock outperforming NIFTY based on Comparative RS
MACD, RSI and ADX supporting bullish bias
Trade Execution
Buy above CMP 3292-3150 range
Stop Loss below breakout candle low - 2838 on weekly basis
Target 1 - 3791 ATH
Target 2 - Cup & Handel Pattern Target 4500
Trail with EMA 20 or SuperTrend 10,3 on daily chart
Weekly Breakout in ANGEL ONECup & Handle Breakout Setup
RSI near 65 and rising
Trading above EMA50
Volume increasing
Disc: for study, not a recommendation
Angel One - Inverted Head and Shoulder With most wealth management companies giving great results over the past few quarters this stock is of interest.
After the last Q when most co's gave super numbers but none moved well..
There is an inverted H&S pattern here and could lead to a good breakout next week.
Long on Monday close to current price with a Stoploss below 2950.
ANGELONE - Inv Head & Shoulder with Long Term Pullback1. Long Term Pullback at 2000
2. Formed Inv Head & Shoulder with 3200 as neckline.
3. Looks good abv 3270 with 3090 as SL
4. Targets are 3440, 3600, 3800
Learn & Earn
Piyush Gupta
Angel One Ltd - Short term Swing TradeFollowing are the support points
1) 50 DMA > 200 DMA
2) Long term trend reversed
3) Fibonacci retracement - reversed from 60 % golden ratio
4) Fibonacci extension - already crossed 38%
5) Inverted Head and Shoulder formed and BO occurred
Next target 3895 - 4402 onwards per Fibonacci extension.
Idea is purely academic in nature and not and advice for trading
#Angelone - Stock outlook !!NSE:ANGELONE
Key Points:
Trends:
Two trendlines are plotted:
Upward trendline (dotted line): Displays the earlier uptrend in the stock's graph (higher lows).
Downward trendline (descending resistance): indicates the resistance level that forms when the stock starts to drop from its recent highs.
Important Information:
Support Level at ₹2701.45: This flat black line shows an important area where the stock went back up or stayed the same before. It's a strong place where buyers are active.
Resistance Zone at ₹3367.80 – ₹3393.00: It is the highest zone. It is the targeted range as indicated on the chart. This has been an important resistance in the context of previous price actions.
Fake-Out Indication:
There is a fake-out noted just below the horizontal support line of ₹2701.45. That means that the price did fall briefly below the support but quickly reverted, and hence the bearish breakout is not valid.
Breakout.
The stock seems to be going above the downward trendline, which could mean a possible upward breakout if it continues.
Future Expectations:
Bullish Scenario (Orange Rectangle): If the breakout stays above the downward trendline, it may drive the stock up to the resistance zone of ₹3367.80–₹3393.00.
Bearish Scenario (Arrow pointing down): If the breakout does not work and the price goes back below ₹2701.45, it might show a strong trend downward toward the next support levels (for example, ₹2025.00).
Explanation:
Trend Reversal:
Stock, breaking the downward trendline above indicates that the stock is on a changing pattern, from the decline, and probably into an uptrend.
Artifactual Meaning:
The fake-out close to ₹2701.45 shows how important support zones are. It shows that buyers took charge again after a first drop in price.
Possible Risk and Benefit:
Traders could expect a bounce towards the orange area, or resistance zone, if the breakout is valid. Stop-loss levels are likely set below ₹2701.45 to risk manage.
Useful Information:
For a bull trade, Wait for confirmation of the breakout, like the daily close above the trendline. Target: ₹3300–₹3393 range. Stop Loss: ₹ 2700. For a bearish trade: It could again begin a downtrend if prices go back into ₹2701.45. Target: ₹2300 or less. Stop Loss: Above ₹2800. This chart shows a mix of price movements with false signals, trendline breaks, and important levels. It gives positive and negative scenarios based on how the stock acts around these levels.
Ps note: NOT A SEBI REGISTERE.
ANY QUERIES @thetradeforecast :)
Angel One-An investment stock available at discounted price!Angel One is one of the oldest stock broking companies and 3rd largest by volume of active subscribers.
Stock has corrected almost 50% from its high and is now available at an amazing valuation.
Stock has potential to test ATH in coming months and also cross it.
Keep in radar. Not a recommendation.
Angelone around 2800 what to do ??Angelone has strong support around 2750-2800 levels and bounce from this level can be taked as a reentry point with minor sl around 2745-2740 levels and major sl around 2680-2720 levels for a target of 2878++ 2925+++ 2985+++ 3020+++ levels all depends on global tension between israel and iran if it stops than a sure shot bounce is expected from this level.
Angel one looks good this time 3500 level sureA long trade can be initiated in angel one around 3120 3080 level with sl around 3000 levels for target of 3350+++ 3400+++ 3550+++ 3889+++ 4010+++
Angel oneOn 15th October 2024, the stock saw a strong breakout, accompanied by a significant price rise and high trading volume. The key question now is whether this trend will sustain.
Positive factors:
On 11/10/ 2024, the 200 EMA has shifted to a supportive level, with all shorter EMAs (10, 20, 50, and 100) positioned above it.
The company's Q2 results were outstanding.
However, the monthly RSI is still below 60. For a more assured upward move, it would be ideal for the monthly RSI to rise above 60.
We might expect a pullback even up to 50/ 100 EMA level
Let's see how the stock performs in the coming days.
Cautionary note: Support / resistance levels may vary based on market conditions .so this is not a recommendation to buy or sell, but rather a signal to watch the stock for future trading opportunities.
It's essential to monitor the stock in the coming days to see if the price action fits your entry criteria and aligns with your strategy.
disclaimer :This is not a buy sell recommendation - only for study purpose .
angelone stock return-"Technical analysis and strategic stock selection played a significant role in Angelone's impressive 25% short-term return."
Amazing breakout on Weekly / Daily Timeframe - ANGELONECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
PS: No new Nifty500 script can escape from me when making a breakout. :-)
NOTE: Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
ANGEL ONEAngel 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 of insurance companies.
After a decent correction, it seems like it is reversing from a very strong support. A Wolfe Wave also seems to be visible in the frame.
Angle One Reversal After 45% downfall NSE:ANGELONE Price near demand zone on weekly chart, next week very important for this stock, near demand zone we can expect a sharp up move to the zone of 2500+ and that's the breakout zone for this stock, so if it enter in the parallel channel with high vol. and sustain at least for one week then we can expect good upside.
ANGEL ONE BULLISH VIEW BLOCK-BLUSTER RESULT Market Cap
₹ 24,554 Cr.
Current Price
₹ 2,723
High / Low
₹ 3,900 / 2,025
Stock P/E
18.6
Book Value
₹ 585
Dividend Yield
1.27 %
ROCE
38.7 %
ROE
43.3 %
Face Value
₹ 10.0
result trade on angelone at 2700 If angelone price crosses 2800 level strongly with volume and sustain for 30 minutes can be entered for target of 2955+++ 3015+++ 3165++ 3212++ levels ++ maintain sl around 2776-2750 levels
angel one breakout analysis-"Let's analyze a broking firm stock currently trading at ₹2,700. Its market capitalization is ₹243.62 billion, and it has a P/E ratio of 20 and an ROE of 44%. The solvency ratio appears healthy.
Examining the shareholding pattern, we see that promoters have increased their stake from 38.21% to 35.63%. Foreign institutional investors (FIIs) have slightly decreased their holding from 17.27% to 15.36%, while domestic institutional investors (DIIs) have significantly increased theirs from 9.49% to 14.02%.
From a technical perspective, the stock has formed a falling wedge pattern, suggesting a potential bullish reversal. A breakout above the key resistance level of ₹2,700 could signal a further uptrend. The support zone remains at around ₹2,000."
Angel one is forming inverse H&S pattern on daily chart.
Angel one is forming inverse H&S pattern on daily chart.
Volume is also huge. We can expect a good upside movement from here. #ANGELONE
Angel One Ltd - Breaking Barriers, Eyeing the Next MoveWe’ve got a breakout on our hands with Angel One Ltd! The yellow line in the chart is a counter-trendline that’s been rejecting price action multiple times. But now, we’re seeing some serious strength as the stock has blasted through it with authority. This signals a potential shift in momentum.
Supporting this move is the green trendline, showing that the stock is not just breaking out—it’s bouncing off a solid foundation of support. The market clearly respects this level, adding confidence to the bullish outlook.
But here’s where it gets interesting—I've added two white dotted lines, my "hidden hurdles." These are potential areas of resistance that might slow the stock down for a bit. Don't be surprised if we see some consolidation around this zone.
Now, check out the red box, which hints at a possible short-term pullback or sideways movement—just a breather before the next leg up! After this, I'm eyeing a strong bullish candle (marked by the green box) to close above resistance, setting the stage for an exciting trade opportunity.
The final piece of the puzzle? I’ll be planning my risk-reward strategy only after that confirmation candle is locked in. For now, I’m keeping this one on my radar—this stock could be setting up for something big!
