Angel One jumps about 13% in five days

22 Jul 2022 , 01:05 PM

Shares of Angel One have risen 12.91% in five trading sessions. In the past one year, the stock has risen 8.52% while the benchmark Sensex has risen 5.97% during the same period. On the technical front, the stocks daily RSI (relative strength index) stood at 67.55. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. On the daily chart, the stock was trading below its 50-day, 100-day and 200-day simple moving average (SMA) placed at 1330.18, 1446.14 and 1356.62, respectively. These levels will act as crucial resistance zones in near term. Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. On a consolidated basis, Angel One reported 49.6% rise in net profit to Rs 181.51 crore on 44.69% increase in total income to Rs 686.53 crore in Q1 FY23 over Q1 FY22. Powered by Capital Market – Live News