IF IT CROSSES 315 THEN EXPECT BULLISH, IF IT CROSSES BELOW 297 THEN BEARISH
IF THIS CROSSES ABOVE 3517, THEN EXPECT A GOOD UPTREND, BUT NOTE THAT AFTER AUGUST THERE ARE MANY HURDLES FOR BANKING SECTOR
WE SEE A TRIANGLE PATTERN TODAY IF IT BREAKOUT THEN EXPECT A GOOD MOVE
if it break 60 rupees then expect a good uptrend
If aubank cross 849 then expect a good move upwards, if it cross down to 627 then bearish, but now in daily candle it moves upwards might expect to move upwards upto august afterwards there are many hurdles for banking sector.
FRIDAY IT TOUCHED LOWER SUPPORT LEVEL, STOCHASTIC RSI ALSO MOVES UPWARDS AND FORMS A DOJI, SO THERE IS TRIPLE CONFIRMATION BY TECHNICAL INDICATORS. NORMALLY IF DOJI APPEARS, THE TREND REVERSES AND IT ALSO RESPECTS STRONG SUPPORT LEVEL. DISCLAIMER: THIS IS FOR EDUCATIONAL PURPOSE ONLY, DOUBLE CONFIRM WITH YOUR TECHNICAL ANALYSIS BEFORE INVESTING YOUR HARD EARNED MONEY.