sakesh1858
Long

LOOKING FOR WAVE 2 BOTTOM IN AXIS BANK

NSE:AXISBANK   AXIS BANK
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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
Nov 06
Comment: looks like wave c is already made a top near cmp.
looking for sharp selloff.
wait for evidence for conformation
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