Shivam_Gaba

AU SMALL FINANCE BANK - Breakout from a falling channel

Long
BSE:AUBANK   AU SMALL FINANCE BANK LIMITED
The price action indicates a breakout from the falling channel pattern wherein the target is taken as the size of the pattern itself. However, a retest of the falling channel line cannot be ruled out looking at the high RSI.

Note: This is not a recommendation to buy or sell.

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. Read more in the Terms of Use.