stockmitra

AUBANK rejection in Supply Zone

Short
stockmitra Updated   
NSE:AUBANK   AU SMALL FINANCE B
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.
Comment:
Entry invalidated by gap up opening. So don't enter the trade

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