AXIS BANK LTDLong
LOOKING FOR WAVE 2 BOTTOM IN AXIS BANK
Updated
1. IN MONTHLY TIME FRAME PRICE TESTING THE BREAKOUT SUPPORT AS WELL AS TREND LINE SUPPORT.
2. WEEKLY TIME FRAME PRICE IS IN OVERSOLD AND POSITIVE DIVERGENGE.
3.DAILY TIME FRAME MADE A HIGHER HIGH THEN CORRECTIVE PULL BACK
4.HOURLY 61.8% RETRACEMENT OF PREVIOUS ADVANCE
2. WEEKLY TIME FRAME PRICE IS IN OVERSOLD AND POSITIVE DIVERGENGE.
3.DAILY TIME FRAME MADE A HIGHER HIGH THEN CORRECTIVE PULL BACK
4.HOURLY 61.8% RETRACEMENT OF PREVIOUS ADVANCE
Note
looks like wave c is already made a top near cmp.looking for sharp selloff.
wait for evidence for conformation
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