AU Small Finance Bank – Bearish Setup

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AU Small Finance Bank – Bearish SetupAU Small Finance Bank LimitedNSE:AUBANKSudhir-SirohiTicker: AUBANK | Timeframe: Weekly (1W) Why Sell? Price has surged beyond +2% above HMA 10, signaling short-term overextension. This week’s candle touches a long-term trendline resistance, while volume drops sharply, indicating fading bullish momentum. Historically, such confluence leads to pullbacks or sideways consolidation. --- πŸ”» Trade Setup – Short Bias - Sell Zone: β‚Ή875–₹880 - Target 1: β‚Ή845 (HMA 20 zone) - Target 2: β‚Ή820 (HMA 30 support) - Stoploss: β‚Ή895 (above trendline breakout zone) --- πŸ“Œ Technical Confluence - βœ… Price >2% above HMA 10 β†’ Overbought - βœ… Volume drop β†’ Weak conviction - βœ… Trendline resistance β†’ Historical rejection zone - βœ… Weekly timeframe β†’ Stronger reversal reliability --- πŸ’¬ β€œWhen price runs ahead of momentum and volume fades, the smart money steps back.” Follow for more setups like this. Drop a comment if you’re watching this reversal too!