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Angel One witnessed a breakout from an Inverse Head and Shoulders pattern on 14th May 2025, supported by rising volumes, indicating a potential shift in trend. Post-breakout, the stock is currently experiencing good buying interest with higher volume.
The stock is trading above the 50 EMA, a sign of a positive trend, and reflects continued bullish sentiment. The RSI is moving in the northern direction, supporting the price action.
(Kunal Kamble, Sr. Technical Research Analyst, Bonanza)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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