buy on dips strategy to be followed for investment

Angel One Limited is a prominent Indian financial services company operating in stock broking, investment distribution, margin trading facilities and wealth management. Its digital platform enables customers to participate in equity delivery, intraday trading, futures and options, commodities and other financial products. Angel One's Q1 FY2026–27 consolidated financial results showed encouraging year-on-year growth. Revenue from operations reached approximately ₹1,429.69 crore, increasing 25.35% year-on-year. Operating profit rose 77.06% to ₹485.44 crore, while net profit increased 102.15% to ₹231.40 crore. NSE 292.00, BSE 292.00 However, the sequential performance was weaker: revenue declined 2.04% quarter-on-quarter, and net profit fell 27.74%. This distinction is important because strong annual growth does not necessarily mean that earnings momentum is accelerating every quarter. Based on the recent price action through 9 October 2026, the following are provisional technical reference zones, not guaranteed targets. Technical level Price zone Near-term support ₹288–₹290 Important support ₹280–₹283 Lower support ₹267–₹275 Immediate resistance ₹298–₹302 Strong resistance ₹305–₹310 These zones are approximate and should be validated against the latest chart. Support: The ₹288–₹290 zone is important in the immediate term. A sustained breakdown below it could increase selling pressure, making the lower support regions relevant. Resistance: The ₹298–₹302 zone is the first area to monitor for a recovery. A decisive close above ₹302, supported by stronger volume, could improve short-term sentiment. The ₹305–₹310 region is the next hurdle. Trend confirmation: Traders should look for higher highs, higher lows and sustained trading above resistance before concluding that a meaningful recovery has begun.