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Devneel
Sep 14, 2023 6:27 AM

AU Small Finance Long

AU SMALL FINANCE BNSE

Description

AU Small Finance was in uptrend and made high of 792 and saw correction till 696 levels and now making higher lows and also took support near Kinjun area. Prices are above 9 period moving average and if closes above 746 then it can see fresh longs from that level. Also it has been under performing in the current rally and expecting it to start outperform in near future.
One can go long above 746 with stop loss of 724 and initial target of 790.
Comment if you like Ichimoku analysis.
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