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NileshChavan

Axis will land on 2013 trendline at 585

Short
AXIS BANK (NSE:AXISBANK)  
NileshChavan  
NSE:AXISBANK   AXIS BANK
Trend Analysis Chart Patterns Beyond Technical Analysis heromotocorp HEROMOTOCO HERO
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trendanalysis chartpattern beyondta heromotocorp heromotoco hero
Axis can go further down
Reasons for trade- 1. Axis is downtrend on daily as well as weekly chart
2.Support is formed at 640 on 4 hour chart
3.Price approaching towards the 2013 trendline
4.Rounding top patter is getting completed on daily chart
5.Risk Reward 1:2
Sell below 640 Stoploss 676 Target 600 Intraday 585 Positional

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