ANGELONE

Angel One is showing strong upward momentum, trading well above all major moving averages, indicating continued strength in the trend. The RSI (14) is at 72, reflecting solid buying interest. The stock has maintained higher highs and higher lows on the daily chart, confirming bullish sentiment. The current levels offer a favourable risk-to-reward entry point. A stop-loss should be placed at Rs 2,700 to limit downside risk, while the stock is expected to move towards Rs 2,950 in the near term.