Verdict:
Highly Bullish

Plan of action:
Buy: 754
Stoploss: 726
Target: 870

AUBANK has given the breakout. It has been in the range then gave a breakout now again it has given the 2nd breakout people who missed the 1st rally might enter now. It will be a nice trade of 1:4 :: R: R.

Reason:

  1. Bullish Flag and POLE breakout.
  2. Support at the VWAP.
  3. RSI is entering in Bullish zone.
  4. Successful breakout after 5 months
  5. High Volume is traded today.
  6. Price > EMAs

Verdict:
Highly Bullish

Plan of action:
Buy: 754
Stoploss: 726
Target: 870

*****Disclaimer:*****

The information provided in this blog post is for informational purposes only. It is not intended as financial, investment, or trading advice. The author is not a licensed financial advisor or professional.

Trading and investing in financial markets carry inherent risks, and past performance is not indicative of future results. Readers should conduct their research, consider their risk tolerance, and consult with a qualified financial advisor before making any trading or investment decisions.

The author is not responsible for any financial losses or gains that may result from actions taken based on the information presented in this blog post. All trading and investment decisions are made at the reader’s own discretion and risk.

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