The Angel One Ltd share price took a sharp hit, falling nearly 7% in a single trading session, amid a double blow of regulatory headwinds and a steep decline in client acquisition for June 2025. As of the latest close, the stock settled at ₹2,776, marking a significant reversal from its recent trading range and raising alarm among momentum traders. The breakdown has now brought the stock closer to a crucial historical support zone, where large institutional buying has previously emerged. This price action comes at a time when sentiment around brokerages and capital market intermediaries is already under stress due to SEBI’s regulatory crackdown on high-frequency trading.
What Triggered the Sell-Off?
Angel One reported a 41.5% year-on-year drop in gross client acquisition for June 2025, with new accounts falling to 5.5 lakh, compared to a significantly higher base in 2024. While the total client base remains strong at 3.25 crore (+31.3% YoY), the sharp fall in fresh client inflows rattled investor confidence. Adding to the pressure was the broader market reaction to SEBI’s ban on Jane Street—a global quant firm that had substantial influence in India’s F&O space. With brokers and exchanges likely to feel the pinch from reduced derivatives turnover, investor sentiment across the capital markets sector soured rapidly.
On the same day, BSE Ltd and Nuvama Wealth also saw sharp declines—falling approximately 6–7% and 11% respectively, as the ripple effect of SEBI’s order spread across financial and trading-focused stocks.
Key Support Levels: Where Are the Big Buyers?
Technical analysis of the daily line chart frame points to a critical support zone between ₹2,065.05 and ₹1,940. This range has acted as a base in multiple significant market events: Tested during the March 2025 correction, when markets broadly bottomed out. Revisited in late 2024, where heavy accumulation by institutional buyers helped launch the next uptrend. This support zone is considered structurally significant, and any approach toward this level may attract renewed buying interest—assuming no further deterioration in fundamentals or macro sentiment.
Outlook: Crucial Juncture Ahead
While the stock remains under technical and sentiment pressure in the short term, long-term investors will be watching closely to see how Angel One performs if the share price continues to drop toward the ₹2,065–₹1,940 zone. A strong bounce from this range could reinforce the belief that institutions still view this price as a value zone. However, a break below ₹1,940 would likely signal a deeper trend shift and may warrant caution.
The Angel One share price has taken a notable hit, driven by disappointing client acquisition metrics and broader sector stress. The stock is now in a corrective phase but approaching a well-defined technical support area. Traders should monitor price behavior near ₹2,065–₹1,940, as this range could act as a decision point between recovery and further downside.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please consult a financial advisor for detailed investment decisions.
Viraj Jain is an active stock market trader and technical analyst with a sharp eye for identifying trend-driven opportunities. Passionate about market movements and price behavior, he specializes in analyzing crucial support and resistance levels in high-momentum stocks. Viraj is dedicated to keeping fellow investors informed with timely stock updates, chart-based insights, and actionable technical analysis that bridges the gap between market noise and informed trading decisions.