AUBANK trade ideas
AU SMALL FIN BANK TARGET 801AU BANK monthly and weekly all-time breakout with weekly bullish. If it opens and sustains above 753 in daily it will reach
AU BANK, Buy Strategy!AU BANK has been consolidating and trading in a range since about 2 years now. When will it break out? I don't know, and if anyone says they do, they are gambling. But what I can say is that if price breaks out of the range with good volumes, there is a good chance that we will see the price trending upwards for some time, which would be a very good opportunity to make some healthy profits. Keeping that in mind -
Buy above the white channel, if stock breaks out with healthy volumes.
Stoploss below just below the white channel.
A target of 940 is certainly achievable, maybe even more considering how long it has been consolidating on the weekly chart.
That said I would still advise the age old practice of having a trailing stop loss in the form of a moving average or ATR, whichever floats your boat.
AUBANK - POSSIBLE MOVE ANALYSIS
AUBANK @ CMP 593 - TGT and SL are in the Chart.For Breakdown confirmation, stong closing candle is must.This is for Educational purpose.
AU SMALL FINANCE BANK BRAKEOUTTTTThis posts are my personally traded stocks daily,I take trade mostly in all the stocks which i post and many more too which i am unable to post,as tradeing view limits my post to only 10 stocks per day,Some hits stoploss,some hits trailing stop loss,some give targets,some ends in cost to cost,some give Very huge profits too,So dont judge this channel on any one trade or one day,U take average of all trades and see the average returns,I am not responsible for any kind of losses or profits u face,PLEASE TRADE ON YOUR OWN RISK.
BUY ABOVE HIGH OF BRAKEOUT CANDLE
BUY AT 705.05
SL AT 690.95
aubank sell on risesell from cmp to 653
easy tg 647
tg2 - 640
positional tg - 630
Disclaimer : This is my personal analysis for study purpose not intended for trading.
DARVAS BOX1. Stock has been consolidating since long. Longer the consolidation, stronger is the move on either side.
2. Stock has shown very good volumes in last week and seems to breakout.
3. Looks good above 710.5.
4. FIIs and DIIs have increased their position in last three qtrs.
5. Low risk trade.
ONLY FOR LEARNING PURPOSE
AUBANNKAUBANK broke out of triangle pattern on smaller TF of 15/30 min with good volumes.
Could be bought with mentioned stoploss & target till EOD/GAP-UP
Good Levels to Invest for Longterm
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 per your risk and do consult with your financial advisor before taking any
trading decisions..
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AUBANKAUBANK good falling channel breakout with volumes, also a rounding bottom breakout visible. The price is also respecting giving breakout above 50 to 61% retracement zone from Oct swing low to Dec swing high...
Keep it in watchlist for momentum play
AU BANK 1DAY Au bank formed symmetrical triangle
Long setup is given in this chart
It's bounce back with powerful candel
Let's see
AU Bank shortAfter testing the trend line multiple times, it has given the closing below the trend line on Friday and today tested the trend line from below. It is ready to Move in 580 zone as 1st support.
Disclaimer: All information is for educational purpose only.
Short AU Small Finance Bank To get Price of 600-605 According to the various time pattern it seems to week and can go down towards 600 level soon
Triangle with Support lineStock is around support level and bottom of Triangle
Buy Price 615
Stop Loss 606
Target 652
AUBANK Possible BO on parallel channel
Add to watchlist - Once BO is on the parallel channel - we should see an 8-12% upside momemntum in a short period.
2022-11-02: Close crossed 20 SMA on Daily/Weekly/Monthly time frames.
The monthly trend and Weekly trend are +ve.
2022-11-01: Current price is in Convergence - SMA 20/50/100/150/200 all are in the 3% range. Close crossed Weekly Pivot
AUBANKAUBANK
NEAR SUPPORT
Breakdown below 615 may bring in further fall
Keep an eye on this in coming days.
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
#AUBANK - range play#AUBANK - seems stuck within a range with not breaking out either side. Hence, this range play trade. All levels given below and on chart as well:
Buy CMP 637
SL 590
Target 680
AU BANK Good to add in watchlist NSE:AUBANK
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
AUBANKAll detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
