Angel One has gained significant attention among investors due to its remarkable stock performance and robust growth in India’s financial market. Based on current support levels at ₹2650 and resistance levels at ₹3890, Angel One Share Price Target 2025 is projected to reach targets ranging from ₹5000 to ₹5900 by 2025. These targets are supported by strong technical trends, with the stock trading well above its 50-day and 200-day moving averages, reflecting bullish momentum. This article dives into Angel One’s performance, future price targets, financials, and investment potential.
Stock Recent Performance (As of 23rd December 2024)
Today, Angel One’s stock down by 1%, closing at ₹2859, marking a strong recovery trend. The stock traded with a high of ₹2958 and continues to down, supported by negative market sentiment. Analysts highlight its fundamental support at 2650. The stock reversed from touching distance of its 52-week high of ₹3,896, demonstrating resilience. Recent developments and technical signals indicate potential upside support at 200 DMA, making it a buying oppurtinuty.
Angel One Stock Chart
Technical Analysis of Angel One Stock
Technical indicators reveal a positive trajectory:
- 50-Day Moving Average (₹2979): Highlights strong short-term momentum.
- 200-Day Moving Average (₹2,650): Reinforces the stock’s long-term uptrend.
- Support Level (₹2650): Established a firm base since November 2024, ensuring downside protection.
Momentum Indicators
- Relative Strength Index (RSI): Close to 65, suggesting the stock is in a bullish zone but not yet overbought.
- MACD (Moving Average Convergence Divergence): Indicates positive momentum with potential for further gains.
Support and Resistance Analysis
Support Levels
| Level | Price (₹) |
|---|---|
| S1 | 3,100 |
| S2 | 2,650 |
| S3 | 2,385 |
| S4 | 2,050 |
Resistance Levels
| Level | Price (₹) |
|---|---|
| R1 | 3,599 |
| R2 | 3,890 |
Breakout Potential: The next resistance at ₹3,599 will test the stock’s momentum. A successful breakout could propel it towards ₹3,900.
Angel One Share Price Target 2024
Short-term indicators suggest a target range of ₹3,590 by December 2024 if its managed to reverse. The likelihood of surpassing ₹3,599 depends on volume-driven buying interest.
Angel One Share Price Target 2025
Considering the company’s growth potential, Angel One’s price target for 2025 ranges from ₹5000 to ₹5900. Key drivers include:
- Revenue Growth: Expansion into underserved markets and robust digital adoption.
- Increased Margins: Leveraging technology to optimize operations and reduce costs.
- Sector Tailwinds: Favorable government policies and financial inclusion initiatives.
| Month | Projected Price Range (₹) | Comments |
|---|---|---|
| January | 3900 – 4150 | depend on resistance level breakout at ₹3,599. |
| February | 3900 – 4000 | Positive momentum with potential testing of ₹3950. |
| March | 4100 – 4,300 | new highs anticipated. |
| April | 4300 – 4550 | rally will continue if strong Q4 FY24 earnings reports. |
| May | 4300 – 4700 | Short-term corrections if Q4 Results negative, otherwise overall bullish trend. |
| June | 4700 – 4,850 | Mid-year rally supported by sectoral growth. |
| July | 4800 – 5100 | Breaching the ₹4800 mark; aligns with long-term targets. |
| August | 5050 – 5350 | Sustained growth backed by robust fundamentals. |
| September | 4800 – 5,400 | Potential resistance at ₹5000; profit-booking could occur. |
| October | 4800 – 5600 | Pre-earnings optimism drives upward momentum. |
| November | 5300 – 5700 | Positive Q2 FY25 results expected to reinforce bullish trend. |
| December | 5600 – 5900 | Closing the year with a strong outlook for further growth. |
Angel One Share Price Target 2030
The company’s long-term outlook remains highly optimistic. Based on resistance levels and market potential, here are the year-wise projections for Angel One by 2030:
| Year | Price Target (₹) |
|---|---|
| 2026 | 5,500 – 6,500 |
| 2028 | 6,300 – 7,000 |
| 2030 | 7,000 – 8,000 |
The projected growth aligns with Angel One’s trajectory as a leader in technology-driven brokerage solutions.
Company Financials: A Strong Foundation
Angel One’s financial performance in Q3 FY24 has been quite impressive, with revenue up by 47.59% year-on-year, reaching ₹1,057 crore. Net profit also showed healthy growth, increasing 14.18% YoY to ₹260.3 crore. While there was a slight dip in profit compared to the previous quarter, the company’s overall performance signals strong momentum. Despite higher operating expenses, Angel One’s revenue and earnings growth highlight its resilience in a competitive market
About Angle One
Business Model
Angel One operates as a comprehensive financial services company, specializing in retail broking, advisory, and digital investment platforms. Its flagship app, Angel One App, integrates advanced tools for equity trading, mutual funds, portfolio management, and financial advisory. The company focuses on user-centric features such as robo-advisory and personalized market insights to attract clients.
Client Base and Market Reach
With over 13 million registered users, Angel One has built a loyal client base, especially among millennials and first-time investors. Its competitive brokerage model and commission-free trading segments further strengthen its appeal in India’s growing retail investment market.
Innovation and Technology
Angel One stands out with its focus on digital transformation. Leveraging AI and machine learning, it offers:
- ARQ Prime: A personalized investment engine for curated portfolios.
- Smart APIs: For third-party app integration, enhancing user customization.
- Seamless Digital Onboarding: Simplifying account creation.
Revenue Streams
The company generates income from brokerage, margin trading facilities, advisory services, and its growing mutual fund distribution network. Its financial diversification ensures resilience against market volatility.
Growth Potential
Recent regulatory approvals, such as SEBI’s nod for launching mutual funds, open avenues for Angel One to compete in India’s rapidly growing asset management sector. This initiative aligns with India’s increasing appetite for equity investments.
Market Position
Angel One is among the top five retail brokerage firms in India. Its robust infrastructure, digital-first approach, and strong brand recognition make it a formidable competitor in the financial services industry.
Should You Invest in Angel One Stock?
Short-Term Opportunities
The stock’s resilience and potential to break resistance levels make it attractive for short-term traders targeting ₹3,590 to ₹3,900.
Long-Term Growth
With a projected price of ₹7000 by 2030, Angel One is an excellent choice for investors seeking sustained returns. Its innovative edge and leadership in digital solutions ensure continued growth.
Key Strengths of Angel One
- Technological Leadership: Early adoption of AI and data analytics for trading.
- Expanding Market Share: Continuous growth in client base and trading volumes.
- Robust Financials: Strong balance sheet and profitability metrics.
- Market Tailwinds: Growth in retail investments and market penetration.
FAQs About Angel One Stock
1. What is Angel One’s stock target for December 2024?
The target is ₹3,590 to ₹3,900, based on current resistance levels and momentum.
2. Is Angel One a good long-term investment?
Yes, the stock shows potential to reach ₹6,500 by 2030 due to its strong fundamentals and growth trajectory.
3. What are the risks of investing in Angel One?
Potential risks include market volatility, regulatory changes, and competition. However, the company’s strong position mitigates these concerns.
4. Why is Angel One stock outperforming?
The stock benefits from strong earnings, technological advancements, and increased investor participation.