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Ausmallfinancebank

AU Small Finance Bank Analysis! NSE:AUBANK Weekly Analysis! Double Top Pattern Formation is AUBANK! Double Top Pattern breakout in AUBANK! RSI Divergence! AUBANK crossed 50,100 and 200 EMA, will is leads towards further downtrend? Analysis:( Only for Pattern Analysis ) NSE:AUBANK formed Double Top Pattern on a Weekly time frame. We can clearly see on the chart that previous trend was uptrend and Double Bottom ideally formed after an uptrend so it's a valid scenario to be move ahead with the Double Bottom or M Pattern. I have done complete analysis on the chart so please have a look on it. Trade Psychology and Setup: Entry = Current levels are not good for short(570-580) Target = 495.70 Stop Loss = 674.95 Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:AUBANKShort
by Avinash9087
AU Small Finance Bank Limited ( Swing Trade)ABOUT 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. BUSINESS SEGMENTS :- Personal Banking: It includes branch banking (Savings Account, Term Deposit, Bank Locker, Life & Health Insurance, General & Fire Insurance, Mutual Fund and 3 in 1 Trading Account) and Loans & Advances (Vehicle Loan, Home Loan, Personal Loan, Gold Loan, and Credit Card). Market Cap = ₹ 45,284 Cr. Current Price = ₹ 680 High / Low = ₹733 / 462 Stock P/E = 36.0 Book Value = ₹ 119 Dividend Yield = 0.07 % ROCE = 7.19 % ROE = 16.6 % Face Value = ₹ 10.0 PROS Company is expected to give good quarter Company's median sales growth is 38.1% of last 10 years CONS Stock is trading at 5.71 times its book value Company has low interest coverage ratio. Promoter holding has decreased over last quarter: -2.63% Company might be capitalizing the interest cost Note : Good For Swing Trade
NSE:AUBANKShort
by TradeWithAplus
SHORT AU BANK for target of probable 400Couple 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 interest rates hikes. If rising wedge is followed then target of 400 can be seen. trade with strict Stop loss on weekly closing basis. Or just stay away.
NSE:AUBANKShort
by Sandeepk31