Angel One has certainly had a bumpy ride recently, with its stock price plummeting by an 8% dive this past week. After a high of Rs 3,500, the stock now finds itself hovering around Rs 2,900—well off its peak but not without some potential hope for a bounce-back. The key takeaway here is that the stock is hovering near some important support levels. On the daily chart, it’s holding up above the lower end of its rising channel, with the previous swing low of around Rs 2,600 still intact. This suggests that, while the recent pullback has been sharp, there’s still a technical case for a rebound. Angel One’s technical picture shows a stock that could consolidate in the near term before finding its way back up. The critical Rs 2,700-2,800 zone will be the one to watch for clues about the next direction, with the potential for an upward move if it holds. The stock may have fallen over the past year, but in the last six months, it’s gained a solid 12.3%, and the short-term volatility could be the foundation for a possible recovery.