Couple of things seen on Charts. Rising Wedge pattern on weekly and monthly charts. Also a failed breakout on daily charts.
Bearish divergence seen on weekly charts. Indicating sell at higher level. Be careful with this stock. Also same is seen with other Ultratech.
Shorting is risky option so wait for a solid confirmation to enter the stock is not resistant to...
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
