AUBANK trade ideas
AU Small Finance Bank - Short OpportunityNSE:AUBANK
1161 is a strong support level - infact we can look at 1161 - 1150 as support range
the stock has given a good run up from 1050 - 1205.
Looking at the trend sideways/correction is expected in the stock
Targets = 1069 - 1017
Stop Loss = 1206 / 1253
AUBANKAUbank broke out of descending channel & trading above last 3 sessions high with decent volumes.
Could be bought with mentioned stoploss & targets.
AUSMALL BANK READY TO FLYStock given BO and retested its BO levels. Strong bullish candle at support levels. Above 200 SMA shows strong uptrend. Making HH and HL. 1400 easily coming. May break 1400 for further ATHs. Plan your trade after consulting your financial advisor.
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.
It is an analysis video. Take your decision on your own.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
AUBANKWeekly super trand break out
Long for 1 to 2 week.
Very strong stock.
Out parforme banchmark index and sectorel index.
AU - overbought - Risk zone for LongsAU is overbought in the near term.
Some bearish price action was visible friday. longs should be cautious here
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.
Breakout Confirmed#AUBANK AU Small Finance Bank clearly gave a breakout of 0-B trendline of a Flat pattern. It may do some correction, but final trend will be up. We will calculate the targets, but minimum it has to go around 1300.
AUBANK aubank is at weekly support level,and weekly time frame reversal is happening with bullish pin bar candle.
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"
AUBANK Swing Trade Idea#AUBANK : Swing buy at 1215 for target of 1290 with SL below 1190. #Swing #Positional
20% move possibleAU small finance is placed in such a position that it could either move up in the triangle pattern ( then we could see a 20% move) OR it could breakdown and slide to next support level of 818. We have to wait and see also how the Bank Nifty moves. Targets marked for up move. This is the weekly time frame.
A small idea - chart patterns are sometime not evident on daily TF, then we need to plot weekly or monthly TF and then we might be able to find a tradable chart pattern
understanding 5-0 harmonic patterns-2It can be seen that a harmonic 5-0 made in 30 min time frame which was a bullish 5-0 pattern, failing to sustain at the support .50 retracement a plunge in price action seen which was too fast like the previous example where it becomes extremely difficult to react so fast to decide except to book a loss as fast as possible.
it is requested to you all who are viewing this article to view with the previous 5-0 pattern to get a clear idea about the 5-0 patterns. However I am once again mentioning the 5-0 pattern rules.
What is the 5-0 harmonic pattern?
Just as it is with the shark pattern, the 5-0 harmonic pattern is a relatively new pattern. Carney discovered it and wrote about this pattern in the second book in his harmonic series, ‘Harmonic Trading: Volume Two’.
The 5-0 pattern is easily one of the wonkiest looking patterns. Depending on the amount of knowledge you have about harmonic patterns, the 5-0 will look different, and this is mainly because the 5-0 pattern begins a 0. If you are familiar with seeing XABCD, then 0XABCD will undoubtedly look different.
The patterns are relatively new but are getting more popular lately. It stands out from the other harmonic patterns because it is meant to begin a new trend rather than discover retracement. There are two types of this pattern, bullish and bearish.
The convergence zones discovered with the help of the shark pattern makes it possible for us to accurately detect the rebound but doesn’t necessarily lead to the restoration of the previous trend. On the other hand, regular rollbacks aim to determine the ability of the forces dominant on the market in the previous period (bears or bulls) to get the initiative back to their disposal. If they are not sufficient, the last reversal of the previous trend occurs, but already within another pattern – 5-0 harmonic pattern.
How to identify the 5-0 pattern?
The 5-0 pattern begins with either an uptrend or a downtrend which gets exhausted and draws zigzag like corrective movements. The qualities of the 5-0 pattern to look at include:
AB movement has to be 1.13 to 1.618 retracement of XA.
BC movement has to be 1.618 to 2.24 retracement of an AB.
CD movement ought to be 0.5 retracements of BC
C should be between 0.886 and 1.13 of 0X movement
If the conditions are satisfied, some traders trade the last leg of CD. They entering at C with a stop below 2.24 of AB retracement and aiming at 50 percent correction of BC movement.
The 5-0 harmonic pattern is traded when the price is getting to point D. The stop-loss is positioned a few ticks below/above the farthest possible D level. Unlike a lot of the other patterns, 5-0 doesn’t have specific targets because it usually begins a new trend. Here the pattern fib ratios don’t matter much. Entries might be done with a limit order or on price reversals away from point D. All entries have to be confirmed for risk/reward ratio. Entries having less risk/reward have to be taken cautiously or discarded altogether.
understanding harmonic 5-0 patterns What is the 5-0 harmonic pattern?
Just as it is with the shark pattern, the 5-0 harmonic pattern is a relatively new pattern. Carney discovered it and wrote about this pattern in the second book in his harmonic series, ‘Harmonic Trading: Volume Two’.
The 5-0 pattern is easily one of the wonkiest looking patterns. Depending on the amount of knowledge you have about harmonic patterns, the 5-0 will look different, and this is mainly because the 5-0 pattern begins a 0. If you are familiar with seeing XABCD, then 0XABCD will undoubtedly look different.
The patterns are relatively new but are getting more popular lately. It stands out from the other harmonic patterns because it is meant to begin a new trend rather than discover retracement. There are two types of this pattern, bullish and bearish.
The convergence zones discovered with the help of the shark pattern makes it possible for us to accurately detect the rebound but doesn’t necessarily lead to the restoration of the previous trend. On the other hand, regular rollbacks aim to determine the ability of the forces dominant on the market in the previous period (bears or bulls) to get the initiative back to their disposal. If they are not sufficient, the last reversal of the previous trend occurs, but already within another pattern – 5-0 harmonic pattern.
How to identify the 5-0 pattern?
The 5-0 pattern begins with either an uptrend or a downtrend which gets exhausted and draws zigzag like corrective movements. The qualities of the 5-0 pattern to look at include:
AB movement has to be 1.13 to 1.618 retracement of XA.
BC movement has to be 1.618 to 2.24 retracement of an AB.
CD movement ought to be 0.5 retracements of BC
C should be between 0.886 and 1.13 of 0X movement
If the conditions are satisfied, we can trade the last leg of CD. They entering at C with a stop below 2.24 of AB retracement and aiming at 50 percent correction of BC movement.
The 5-0 harmonic pattern is traded when the price is getting to point D. The stop-loss is positioned a few points below/above the farthest possible D level. Unlike a lot of the other patterns, 5-0 doesn’t have specific targets because it usually begins a new trend. Here the pattern fib ratios don’t matter much. Entries might be done with a limit order or on price reversals away from point D. All entries have to be confirmed for risk/reward ratio. Entries having less risk/reward have to be taken cautiously or discarded altogether.
In our example, current stock AUBANK has shown a classic 0xabcd pattern or in other words 5-0 harmonic pattern. It is a bearish 5-0 pattern where most of the XABCD pattern swing traders would have forced either to become a long term investor or book a loss who have not booked at
.50 retracement as everything has happened too fast to react on.
As technology is developing everyday , so as the traps are becoming too much knotty to decode and survive as a swing trader, for a swing trader"s job is to find swings every time and dive with the trend and this type of complex patterns ends up his/her dream as a bad bad nightmare.
So, this effort by me is especially for the swing traders who are welcomed to enlighten more on this topic and to go updated as this pattern is said to be new.
AU Small Finance Bank Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone, 200 EMA & the lower trendline. The target is placed near all time high.
AUBANK Ascending-Wedge PATTERNAug 30
Hello
Welcome to this analysis about AUBANK , we are looking at daily timeframe perspectives. AUBANK in recent times heavily increased with Bearishness however it now moved into an oversold condition. AUBANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation AUBANK is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how AUBANK has emerged with this key ascending-wedge-formation marked in my chart with the black boundaries. AUBANK is near support region which is an important support and also psychological support-mark together with the lower-boundary of the ascending-channel-formation a pullback
In this manner, thank you for watching my update-analysis about AUBANK and its major ascending-wedge-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
