AUBANK trade ideas
BUY- AU Small Finance BankAU Small Finance Bank has taken support from the parallel channel where it is trading since July 2020 on Daily TF. If market condition doesn't go too negative in coming days, it can be good opportunity for Swing Trade.
Current price: 581
Target: 750 (29%)
Stop Loss: 548 (5.65). We should take 50% profit and trail SL to buying price when half of the target is achieved as market hasn't confirmed the recovery yet.
RR: 5.1
AUBANK stock is about to break the trend line.Aim for 6-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
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AUBANK BUY @ 1279 & TARGET @ 1288Dear Traders,
AUBANK BUY @ 1279 & TARGET @ 1288
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
AUBANK B @ 1165 TARGET @ 1175Dear Traders,
AUBANK B @ 1165 TARGET @ 1175
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Taking Support From It's Crucial LevelMACD, RSI, William % R, Parabolic SAR all indicator has a positive signal at this current price level , Stocks Currently trading at 32.05 PE which is a good PE ratio to buy.
Target and Stop-loss are mentioned above.
"Note: Above idea is for study purpose only, please consult your financial advisor before taking any position"