Note: 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.
AU Bank can still touch 841-858. Profit booking might happen from this zone for 650
Down 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
STRCTLY FOLLOW THE LEVELS AND UNDERSTAND