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Unite Technologies Financial

11th Jun · SEBI-Registered Analyst

Technical Analysis Angel One Limited.

The stock $ANGELONE is after a prolonged correction and consolidation phase stretching from early 2024 to mid-2025 the stock has shown a powerful structural turnaround. It has recently broken above a major horizontal resistance zone around 320. The price action from mid-2024 to mid-2026 resembles a large rounding accumulation base. The recent sharp vertical rally suggests strong institutional buying interest. After touching a recent swing high near 350 the stock is currently undergoing a minor short-term pullback trading around 324.15. Immediate Support 315 - 320 this is the crucial breakout zone. In technical analysis prior major resistance often flips into strong support during a retest. Major Support 260 - 280 this serves as the medium-term accumulation zone and higher-low structure on the daily chart. Immediate Resistance 350 the recent peak acts as the immediate hurdle for the bulls. Major Resistance 380 - 400 this represents the all-time high zone reached in early 2024. For short-term buyers the current minor pullback toward the 315 - 320 zone is a classic breakout retest offering a good entry point to target an immediate bounce back toward 350, as long as the price stays above 300. For long-term holders, the stock has successfully broken out of a massive multi-month accumulation base signaling a strong structural trend reversal. This means you should comfortably hold your positions as the stock shows clear potential to retest its all-time highs near 380 - 400 in the coming months.

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