AU Small Finance Bank is currently showing a weak short-term structure

$AUBANK According to the chart, AU Small Finance Bank is currently showing a weak short-term structure. On the daily timeframe, the price is sustaining below the psychological 1000 level and forming a lower high–lower low pattern. Based on your chart setup, the important levels are: Immediate Support: 970 → 955 zone Major Support: 940 → 893 zone Immediate Resistance: 1000 → 1017 Strong Resistance: 1040 → 1080 zone Current observations: Price is trading below the 20 EMA / trendline, indicating bearish pressure. RSI has moved into a neutral-to-bearish zone. No strong volume breakout is visible, so aggressive long positions are not very safe right now. If 955 holds, a technical bounce may occur. However, unless the stock reclaims and sustains above 1000–1017, upside strength will not be confirmed. Trading View: Swing Buy only above: 1018 on a closing basis Bearish continuation below: 955 Upside targets: 1040 / 1080 Downside targets: 940 / 893 From a risk-reward perspective, this currently looks more like a wait-and-watch zone. Intraday bounces are possible, but the positional trend is not fully bullish yet.