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)
For Swing Trader Targets will be
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
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
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.
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
Please do let me know in the comments
If anyone Traded it Or Watched it
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
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!!
Clearly following the Structure I made😎
If gives breakout to it large Upside would Come in just 2-3 days
It's an Unexpected Fall
Everyone Stay with the SL
It's nice that we booked 50-60%
On High Profits.