AU Bank takes support in the Rising Wedge in the Weekly Time Frame
Good for Swing Trader
4 Times the Trend Line have been tested
Latest RSI have crossed the SMA RSI, so we can expect minimum 5 % in a week or two.
If the Global Condition is Neutral or Bullish, then we can expect the rise in price till the Top of the Wedge
if the Global condition is not in favor, then consider the Stop-loss as mentioned
Good for Swing Trader
4 Times the Trend Line have been tested
Latest RSI have crossed the SMA RSI, so we can expect minimum 5 % in a week or two.
If the Global Condition is Neutral or Bullish, then we can expect the rise in price till the Top of the Wedge
if the Global condition is not in favor, then consider the Stop-loss as mentioned