AUBANK
FY21-22 Swing Trade Idea #6 : Long on AUBANK This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
AUBANKNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
AU Bank On Weekly CHARTSAU BANK
Looks very good on weekly charts.
Strong technically.
Gave breakout with good volume on weekly charts and nearly retested breakout level.
Inside channel also. Once channel is broken then BOOM BOOM.
Add till 1120 level.
Hold as per your patience.
###ALWAYS DO SELF ANALYSIS BEFORE TAKING ANY TRADE. PROFIT AND LOSS IS YOURS###
AUBANKAU SMALL FINANCE:- BUY AT 1220 FOR 2000 TARGET (as per chart pattern) with Stop loss 1000rs (Dcb)
#Disclaimer:-I just shared view for only educational purpose.
#priceaction #AUBANK #BREAKOUT
AU Bank - Bullish BreakoutNote: This is for educational purpose only.
There seems to be a bullish breakout with build up near resistance. Moreover, there seems to be a rise in volumes which strengthens the bullish sentiment. RSI is at 70 which indicates that there might be some sideways movement before the next upmove.
AUBANK at IPO priceDown 63% from high
Now at IPO price
Wait for the closing above 540
Initiate long position after that
Wait for the first pull back above 540 for confirmation
