AU Small Finance Bank Limited is engaged in providing a range of banking and financial services including retail banking, wholesale banking, treasury operations and other services.
CMP - 565
AUBANK is currently trading in a support zone & looking good for long term investing perspective. I am allocating my investment allocation at CMP.
Targets I'm expecting are...
Good Day ,
Hello Traders,
AU Bank looks a good candidate for Long Term as it is trading at 582 , a fall of nearly 150 points from the top. Next key level is 462 which it had to sustain , below it will be a downtrend.
Chart Self Explanatory.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as...
AU Small Finance Bank Ltd - 05.08.2022
The stock is trading @ 645 levels
There is a HAMMER at TOP
The prices are above EMA
The STOCHASTIC is OVERBOUGHT, RSI is OVERBOUGHT
RSI is 55 in Weekly Chart
Watch out for the price action
AU bank is forming a H and S pattern on hourly chart with positive MACD and RSI.
Short term trend is positive. We can see 1350 - 1355 levels in short term.
All the levels are marked on the chart.
Disclaimer: All the levels are for educational purpose.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
AU BANK has given a breakout from the triangle pattern. The results were good also, so we can soon witness a good move from this stock.
TGT - 1300
SL - 1190
NSE:AUBANK
Observations:
1) On 1 day time frame, we can see that it took support from 50DMA and closed above it. 50DMA is placed at 1211.53 level.
Critical resistance level is at 1250 level and critical support level is at 1200 level.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 11-10-2021:...
It's a good fundamental company with growing profits YOY, can go long if it fills the gap and starts moving up. Keep on the radar for the first target of 1130 and the second target of 1300.
![AUBANK: Simple Trade Setup | AUBANK | 11-10-2021 [ INTRADAY]](https://s3.tradingview.com/q/qdgKMtZF_mid.png "Simple Trade Setup | AUBANK | 11-10-2021 [ INTRADAY]")
