Angel One, in the last three weeks' prices have seen a strong price correction; however, there's some respite from yesterday at lower levels as prices have attempted to bounce. If prices continue to close around 4120–4130, then we may see a hammer pattern on the weekly chart that can trigger an upmove in the coming week that can lead towards 4400 in the near term.
4000 can be considered as support. Also Read: ICICI Bank share price in focus ahead of Q3 results today.
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