AUBANK rejection in Supply Zone
Updated
AUBANK in daily time has formed gravestone Doji and the next candle broke the low of gravestone Doji candle and closed below it's low. The price action indicates a short side trade on AUBANK. The trade can be done with risk defined strategies like call bear spread option strategy or put bear spread strategy or short via futures with hedging through call option.
Note
Entry invalidated by gap up opening. So don't enter the trade
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