TheChartereds

Angel One : So Close.

TheChartereds Updated   
NSE:ANGELONE   ANGEL ONE LTD
Here is all you need to know about Angel One:

- With Financial services gaining momentum, Angel One is definitely a good bet
- It consolidated for good 2 years in which it trapped bulls once, only to get back in the zone
- It recently gave in a breakout and sustained above the resistance zone
- BUT, Today NSE barred it from onboarding any new APs for a period of 6 months which made the stock bleed red for 7%
- APs are basically sub-brokers associated with a broker who brings in more clients and thus more business
- With the stock market on a bull run, the funds are flowing in and the inability to onboard new APs will definitely affect its growth in a short run
- Don't let the analysis end here! Give us a boost if you find it helpful

- The long run will still be dictated by its strong fundamentals and growth.

Below are some interesting stats:

- Profit growth of 52.2% CAGR over the last 5 years
- return on equity (ROE) track record: 3 Years ROE 44.1%
- Sales growth (5Y) - 31%
- Profit growth (5Y) - 52%

What are your thoughts? Feel free to comment :)

⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻


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That was a quick back on course. The price is sustaining above the resistance zone:

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Like we said the price sustained above the zone. That was easy 15% 🚀🚀
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Another 3% Booster!
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BLASTED!💥 35% in about 3 Months.
Lesson: Good stocks will always be expensive. Compare the price to its future potential earnings and not just the current PE ratio.

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The earnings have to justify the valuation. This time it did not.
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