NSE:AUBANK
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
There can be a pause or reversal, at all time high.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK...
What is a Symmetrical Triangle:-
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
The price forms symmetric triangle pattern on daily and weekly chart. The price perfectly following the ascending...
AUBANK view triangle formation for today 14th Feb
Buy chance above 654
Follow strict risk rward and stop loss if u follow the level
Charts for Educational purposes only
Thanks,
V Trade Point
AUBANK view for today 9th Feb
Resistance trendline has to break for bulls.. above 656
Please follow strict risk reward and stop loss
Thanks,
V Trade Point
AUBANK view
Resistance trendline break out expectation above 656
Please strictly follow risk reward and stop loss if u enter in the trade
Thanks,
V Trade Point
In the Daily chart of AUBANK,
we can see that, after the failure at 680-690 levels, an up move is shown in W pattern.
Let it retest and then we can enter with SL.
Looking at larger Time Frame will give you clear idea also AUBANK has good potential.
Go long for AUBANK.
AU Small Finance Bank:
On Daily TF wee can see that stock from Aug.'22 made Inverted Head & Shoulders Pattern. Today stock has given above closing with high volume & showing strength to going up side with strong momentum and high volatility. Entry at CMP with SL 624, upside move can see at 678,700 levels in coming days..
NSE: AUBANK is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 11% gain...
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
NSE:AUBANK
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.
NSE:AUBANK
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
