Sign of reversalDaily close below 1948 might be sign of top out in Angel.
Disc : It's not an investment advise to buy or sell
ANGELONE trade ideas
Angel one Ltd. #ANGELONE #breakout # alltimehighAngel one charts showing price breakout forming new all time highs. presently the price seems to retest the breakout levels and after which it may trigger a rally towards 3000. The results announced recently could be trigger for the rally with optimistic future growth of demat accounts in India for upcoming years.
Price levels to watch out
2242-2578-3000-4000
Stoploss-1700
Risk and reward to be decided according to the risk appetite of the individual.
Not a buying/sell recommendation.
Angle One Short !Angel one has given a great breakout after it has broken its imp resistance level of 1980 and currently trading at 2080 in last session we have seen profit booking and pull back it seems like it can again test it levels of1980 acting as support and from there if it bounce back then it will be a great trade and we can go long in Angle one from that levels.
ANGELONE ANALYSISAll time high breakout with increasing volume and sectoral uptrend. We can go long for positional trade with given SL and Targets.
ANGEL ONE F&P BREAKOUTANGLE ONE breaks F&P pattern
good volume strong RSI
trading above all key ema
educational idea
Angel One1)Enter on breakout with SMALL Quantity
2) If sustain above breakout level then only add up quantity.
3) If stock price increases, Trail SL.
4) If breakout fails, then we need to take the loss which not exceed 2% of our capital.
5) Preferably stop loss should be at 1737.
DOUBLE BOTTOM CANDIDATE : ANGELONEDouble bottom has been formed on ANGELONE breakout of the neckline will result in a good bullish move.
Expected targets are :
TP1 - 1746.25
TP2 - 1769.85
Bullish upside of 10%There is a breakout with good volume from double bottom “ w” . Macd favourable too
Why am I buying Angel One ?Company overview.
Angel One Ltd is a Diversified Financial Services Company with market share of 21.5%(As per previous year data). Company Offers wide range of services like Broking, Research, Advisory, Loans, and More.
Fundamentals of the company.
>>Positive Points about the Company:
*Reduced Debt.
*Consistent Profit Growth of 52.2% CAGR in the Last 5 Years.
*Good Track Record of Return on Equity (ROE): 44.1% over 3 Years.
*Healthy Dividend Payout: 36.2%.
*Improved Debtor Days from 66.7 to 45.6 days.
>>Negative points about the company.
*Promoter holding has reduced.
*High competition.
*Charges and taxes are regulated by the Government.
Future prospect
Future of Angel One seems very bright as this year it has already Launched Super App - All-in-One Solution for Investing, Trading, Mutual Funds, Insurance, and Loans. Uses AI and ML for Personalized Experience. More recently it was able to Double Monthly SIP Registrations Organically. Made Partnerships with Fintech Players for Expanded Offerings.
Technical Analysis.
Company get listed in 2020 and since July 2021 stock was consolidating in a sideways movement. Last week price has shown a good weekly closing and restates its Resistance level.
Now we can follow two investing strategies:
1. If the price goes above that level, we can make some position.
2. If the price falls down from that level, that would be a great time to aggregate.
*Instead of putting all money at one go, start with a partial investment, monitor stock performance, then decide on further steps.
#AngelOne #NSE #Investing
Angel One : Visible uptrendLooks like locked in a trend, trendline resistance did not break. Seems it will remain in the trend. Upside till 2100 may be possible.
AngelOne Long SetupAngelOne Long Setup weekly seems bullish
Refer the chart for entry & exit.
This chat is for education purpose only
Angel One is looking good with a hammerLooking strong. With a hammer and taking support at 20 EMA, can be bought now.
Entry - 1701
SL - 1630
First Target - 1800, then can be trailed
Angel One Ltd. : H&S Pattern Formation of the Head & Shoulder Pattern is clearly seen on the Chart. The Entry level , Targets and Stop Loss are mentioned on the chart.
Company's Fundamentals PE is only 12.15 against industry PE ratio of 21.14 with PB ratio of 4.95 only.
ROCE of 47.3 % one of the highest in the Industry.
Quarterly Revenue rose 23% YoY to Rs 831.1 Crores where as Its sector's average revenue growth YoY for the quarter was 15.7%.
Debt to Equity Ratio of 0.8 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
Interest Coverage Ratio is 12.9, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
This analysis is only for education purpose and contains no tip to buy or sell any stock.
Good Luck !!!
Angel one -Buy above 1660 Sell below 1555Technically speaking, Angel one has been forming a higher high and higher low structure for some time now so two types of trades can be initiated here: one is buying the stock when it closes above 1660 with stop loss at 1630, targets of 1720 and 1765 which is also the 1.618 fib ratio. However, this should only be done if there’s confirmation from volume as well as closing filter applied for 2 bars closing together or more before initiating trade. On the other hand, short trade could also be initiated if Angel one closes below 1555 with SL of 1580, Target of1525 and 1475 as RSI is in Overbought Zone.
Overall probability of success would depend upon whether breakout happens or not, since we have seen stocks consolidating within channels over past months, chances are higher for successful Short Trade than Breakout Trade. Hence once should be flexible while taking any position
ANGELONE
The stock has cleared its downsloping trendline resistance, suggesting early signs of strength.
Weekly RSI also shows similar strength.
Further confirmation of price strength would come when stock clears 1700.
Bullish outlook remains valid as long as price sustains 1360 (previous near term high formed at trendline).
ANGEL ONE IS READY?DISCLAIMER
Our video is intended only to provide general and preliminary information to traders/investor and shall not be considered as any investment decision. Do your own analysis, This is not a buy or sell tip. This is just for educational purpose only. And I'm not responsible for your Profit or loss as I'm not a SEBI registered financial advisor.
ANGELONEANGELONE:- Wait for breakout, if breakout occurs and sustains then we can see upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Descending Triangle BO- Descending Triangle Pattern BO
- BO validated with volume
- Above Key EMAs
- Bullish RSI
Angel one Double bottomGood double bottom is seen at earlier support level in angel one.
SL: 2009
Target : 1330/1620/1950
Angel One 200 SMA reclaim- Buy only if reclaim with 1.5x volume
Growth stock with back-to-back good quarterly result
ANGELONE - 33% RETURNS!!!BUY - ANGEL ONE LTD
CMP - Rs. 1131
Target - 1: Rs. 1414
Target - 2: Rs. 1503
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Technicals - 1) Bullish Harmonic Pattern - Navarro 200.
2) Targets set using Fibonacci Retracement and Gann Angles.
3) EMA Convergence
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Follow me for more!
Angel One Cmp 1060 dated 2-3-2023 Bullish Candle @ SupportAngel One Cmp 1060 dated 2-3-2023
1. Bullish Candle @ Support Line.
2. Price Rise with Volume Rise
3. RSI Divergence
4. Correction made 35 % from high's.
5. Super RRR
Buy @ Cmp for target 1095-1125-1185-1240-1285 SL 990
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
ANGELONEANGELONE : Forming Head and shoulder Pattern on 1D chart which is - a trend reversal pattern.
if candle confirms breaking of neckline @ 1082 , sell signals will triggered when the price of the stock breaks down below the neckline.
NSE:ANGELONE
