Arshad_Khatib

Breakout Expected In AU BANK

Long
Arshad_Khatib Updated   
NSE:AUBANK   AU SMALL FINANCE B
AUBANK

AU SMALL FINANCE BANK is once again heading to its all time highs with good volumes

Risky Trader can buy it above 1250 Day closing basis (3:25)
With a Stoploss of 1200 Day Closing Basis, target 1280-1300++

Major Resistance is 1300
which is likely to break this time

Fresh and Strong Buying Will come Above 1300 on Day Closing Basis
Safe Traders to Buy it Above 1300

For swing Targets will be 1320-1350-1360++
In holding period of few weeks

Investors Can Accumulate it above 1300
For Targets 1600-1700-2000-2500
In 1-2-3 years++ of holding.


( NOTE- This Research is Only For Educational Means And I Request You all to please make your Own Research too before Investing
We Would be not responsible for any Profit or Loss)
Comment:
Correction
For Swing Trader Targets will be
1320-1350-1360-1400-1420

Please read the above Details Carefully. 🙏☝

Please hit the Like Button and share this Idea
And do let me know your View and decision on this Idea
Trade active:
Trade is active now
It has Given Closing above a Strong Resistance of 1300 with good Volumes.
But Still as the expiry is Far away
We would not be able to see short covering rally
So Quickly.

Safe traders can Enter or Wait for One more day for seeing if it sustains above 1300
Risky Traders are in profit Now

Both must keep Stoploss of 1200 on day closing basis.
Trade closed: target reached:
1st 2nd and 3rd Target Done 🔥🚀💪
And Mad A High of 1363 🏆
And Have closed Above the 2nd Target.

The Stock has Moved From
1300 to 1363
Giving nearly 5% Returns.

For Risky Trader
It has moved from
1250 to 1363
Which is 9% Returns.
In just 4 Trading Sessions which is Very Very less
Time then the Prescribed time.

Swing Trader Book 50 to 60% here
Investors stay invested
Comment:
More to Come again

Please do let me know in the comments
If anyone Traded it Or Watched it
Comment:
Today Made a High of 1380

As there was weakness in Whole Banknifty we saw a Fall in AU bank too

Investors to be Invested Do not Exit.

Hope Swing Trader have booked 50-60% quantity
Comment:
Today made High of 1390
Going Close to 4th Target of 1400

7% Up from Buying price of Safe Traders
11.2% Up from Buying price of Risky Traders

In Just 2 weeks!!
Comment:
Everyone Watch the chart carefully. It is
Clearly following the Structure I made😎

If gives breakout to it large Upside would Come in just 2-3 days
Comment:
Whole Banking Sector Weak
It's an Unexpected Fall

Everyone Stay with the SL

It's nice that we booked 50-60%
On High Profits.
Comment:
Once More Back on Track👍

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