🧨 Triangle Pressure – Angel One Approaches Apex

1️⃣ Trend & Structure Stock is trading inside a broadening triangle pattern since 2023, forming lower highs and higher lows. Price action remains volatile within this expanding range. 2️⃣ Key Levels ⚠️ Immediate resistance: 3100–3250 (red trendline) 🔻 Near-term support: 2700 📉 Breakdown zone: 2450–2500 📍 Major support: 2032 3️⃣ Price Behavior Recent candle rejected from upper boundary of triangle and short-term channel. Unless the stock crosses above 3250 decisively, bias stays sideways-to-negative. 4️⃣ What to Watch Watch for a breakout above 3250 on strong volume for trend reversal. On the downside, breach of 2450 could trigger deeper correction toward 2030. 📢 Disclaimer: This is for informational purposes only. Nothing herein constitutes a buy or sell recommendation. I may or may not be holding a position in the stock mentioned. 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (Reg. No. INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully before investing.