ANGELONE
Technicals:
1) In October 2023, the stock of Angel One broke out from a consolidation range that had been forming over more than 27 months.
2) It increased by over 95% from its original price and has since retraced back to almost the same consolidation range.
3) Currently, according to Fibonacci analysis also, it is retesting the Golden ratio levels and
4) i have not done any fundamental analysis on Angel One Ltd apart from being aware of the reasons for its fall from Oct'23.
Please add any points if I missed out on any vital technical aspect to enlighten myself in the process of learning
1) In October 2023, the stock of Angel One broke out from a consolidation range that had been forming over more than 27 months.
2) It increased by over 95% from its original price and has since retraced back to almost the same consolidation range.
3) Currently, according to Fibonacci analysis also, it is retesting the Golden ratio levels and
4) i have not done any fundamental analysis on Angel One Ltd apart from being aware of the reasons for its fall from Oct'23.
Please add any points if I missed out on any vital technical aspect to enlighten myself in the process of learning
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.