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AUBANKMARKET OUTLOOKSTOCK OUTLOOK

AU Bank Outlook for the Week (July 31, 2023 – August 04, 2023)

AU Bank Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

AU Bank closed the previous week on a negative note losing 3.01%

Technically, AU Bank share price will see immediate support at 716.93 and immediate resistance would be seen at 739.38

If AU Bank share price closes below immediate support of 716.93, then sharp breakdown can be seen. AU Bank share price will see major support at 708.67 for the week.

On the positive side, immediate resistance will be seen at 739.38. Closing above 739.38, AU Bank share price will see a sharp breakout. Major resistance for AU Bank share price will be seen at 753.57 for the week.

Trading range for AU Bank share price for this week should be between 694.48 on down side and 761.83 on up side.

AU Bank Previous Week High: 745.3

AU Bank Previous Week Low: 722.85

AU Bank Previous Week Range: 22.45 Points

AU Bank share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 761.83
Resistance 2 753.57
Resistance 1 739.38
Support 1 716.93
Support 2 708.67
Support 3 694.48

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