AUBANK - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.3

Technical Analysis Report

• Trend Status: Trending upward
• Moving Averages: Price (₹869) is above both 50 DMA (₹784) and 200 DMA (₹717), indicating strong bullish momentum
• RSI (75.9): Overbought zone, caution for short-term pullback
• MACD (37.5): Strong positive crossover, confirming bullish momentum
• Bollinger Bands: Price near upper band, suggesting potential resistance or cooling off
• Volume: Below average (7.23L vs 20.65L), showing reduced participation despite price surge
• Support Zones: ₹840, ₹784
• Resistance Zones: ₹890, ₹915
• Entry Zone: ₹840–₹860 (near support)
• Exit Zone: ₹885–₹915 (near resistance)

Positive

• Price above both key moving averages confirms bullish trend
• MACD and RSI support continued upward momentum
• Strong institutional support: DII holdings increased by 3.05%

Limitation

• RSI in overbought zone may lead to short-term correction
• Volume below average, indicating weak conviction behind rally
• High debt-to-equity ratio (7.87) raises financial leverage concerns

Company Negative News

• Quarterly PAT declined slightly from ₹581 Cr to ₹561 Cr (-1.81%)
• FII holding dropped by 3.18%, showing reduced foreign investor interest

Company Positive News

• EPS of ₹29.2 supports strong earnings profile
• Stock has gained 95% from its 52-week low

Industry

• Banking sector is showing resilience amid rising credit demand
• Industry P/E of 22.2 suggests AUBANK trades at a premium valuation

Conclusion

• AUBANK is in a strong uptrend with bullish indicators across MACD, RSI, and moving averages
• Entry near ₹840–₹860 offers a favorable setup
• Exit near ₹885–₹915 is ideal for short-term gains
• Investors should monitor RSI and volume for signs of exhaustion or reversal