The stock of Angel One has been on a decline for more than a month now. While it found support at ₹2,450 and was consolidating around this level for the past two weeks, the price slipped below ₹2,450 on Monday.
This has confirmed a head and shoulder pattern. Also, the price is now below the 50-day moving average. So, the price action now indicates that the price is likely to fall further. As per the chart set up, the scrip can drop to ₹2,040 in the near-term.
Therefore, traders can go short on Angel One at ₹2,410 and ₹2,500. Place stop-loss at ₹2,600. When the price declines to ₹2,300, trail the stop-loss to ₹2,420.
Tighten the stop-loss further to ₹2,215 when the price falls to ₹2,150. Book profits at ₹2,040.
Today’s Stock Recommendation: December 30, 2025
Here’s an interesting stock idea: The stock that we have today is Angle One.
The price has been falling for more than a month now. On Monday, the downtrend extended and a key support was broken. This confirmed a head and shoulder pattern. So, the stock is likely to fall from the current level.Video Credit: Businessline
(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)
Published on December 30, 2025
