Angel One has shed 33% from its June high, and the stock has seen formation of 'Death Cross' on the daily chart in recent days; thus signalling likely further weakness at the counter.
BSE stock fell as much as 4.26 per cent, the lowest level since September 3 this year, while Angel One stock tumbled 5.32 per cent
JM Financial assigned a target price of ₹2,700 apiece on Angel One, implying an upside of 17.5 per cent from Friday's close