psc12

BUY- AU Small Finance Bank

Long
NSE:AUBANK   AU SMALL FINANCE B
AU 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
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