Technical View (Weekly Chart)Angel One LimitedNSE:ANGELONEprofitoptionnew🔎 Technical View (Weekly Chart) Price: ₹2,216 Trend: Stock has been consolidating after topping near ₹3,800. Support Zone: ₹2,000–2,100 → very crucial, multiple re-tests. If broken, risk of deeper fall towards ₹1,250 (next demand). Resistance: ₹2,750–2,850 (supply zone). Stronger resistance ₹3,250–3,500. Momentum: RSI near 39, slipping below 40 → bearish bias in short term. ⚠️ Risk: If ₹2,000 fails, long-term structure weakens. 📉 Why News Flow is Hurting Recent months have seen SEBI tightening rules around F&O margins, leverage, algo-trading restrictions, and investor protection norms → directly impacting retail activity (key revenue driver for Angel). Competition heating up: Zerodha, Groww, Upstox taking away active clients. Any regulatory clampdown on brokerage commissions, intraday leverage, or client funding → weighs on valuations. 📊 Fundamentals (Long Term) Positives: Strong retail franchise, ~15M+ client base. Tech-driven + growing wealth management arm. Consistently high RoE (~40%+) and RoA. Healthy dividend payout (cash-generative business). Challenges: Over-dependence on trading volumes (cyclical). Market-share erosion vs peers. Regulatory overhang may cap valuations. 📝 Long-Term View Buy Zone for Investors: Accumulate gradually around ₹2,000–2,100. Add more only if market structure holds. Caution: Avoid heavy exposure below ₹2,000 (risk of slide to ₹1,250). Upside Potential: If regulatory headwinds stabilise and retail flows revive, stock can revisit ₹3,200–3,500 in 2–3 years. Investment Style: SIP-based staggered entry is safer than lump-sum. ✅ Summary: Angel One is a structurally strong but cyclically challenged stock. Good long-term pick near ₹2,000 support, but regulatory risk keeps it volatile. Safer to accumulate in tranches for 3–5 year horizon.