AUBANK 1 Month Time Frame

📌 Latest Price & Trend Context

AUBANK price ~₹995 – ₹1,002 (latest weekly/closing data) with price above key moving averages — indicating bullish to neutral momentum in the short term.

Short-term RSI is around 60–62 — neutral/bullish, not overbought yet.

📊 1-Month Time Frame Levels (Daily Pivot-based)

🔹 Major Resistance Levels
Higher price zones where selling pressure can slow or reverse upside moves:

₹1,006 – ₹1,008 – Immediate resistance cluster (R1 area).
₹1,014 – ₹1,020 – Next upside barrier (R2/upper pivot).
Above ₹1,020 – Stronger resistance if trend extends further.
👉 Break above ₹1,014-₹1,020 with volume could signal continuation upward trend for the month.

🔻 Key Support Levels
Zones where buying pressure may appear if price dips:

₹990 – ₹992 – First support near current price and 20-day MA.
₹980 – ₹983 – Next layer of support (short-term demand zone).
₹974 – ₹975 – Lower base support area (important short-term floor).
👉 A drop below ₹975 on sustained volume could open deeper pullbacks.

📈 Technical Indicator Summary (1-Month View)
Indicator Current Reading Bias
20-day MA Around ₹987-₹990 Bullish/Neutral
50-day MA ~₹945 Bullish trend
RSI (14) ~60 Neutral/Bullish
MACD Positive Uptrend bias

Summary: Price is trading above key short-term moving averages with momentum fairly positive, suggesting range-to-mildly-bullish behavior in the 1-month window. Resistance around ₹1,006–₹1,020 is crucial, while supports around ₹990 → ₹975 will be key to watch for downside defense.