Going by the Bollinger Bands and stochastics on 1D, 1H and 15m TF we are seeing an early signals of breakout. Breakout could take place either before or after a pullback. We will wait for the confirmation before we take position.
Buy AXISBANK above 535
T1: 550
T2: 570
SL: 527
Buy AXISBANK above 535
T1: 550
T2: 570
SL: 527
Trade active
Trade active:
As per our analysis we have a seen a convincing breakout. Now we need to see if it sustains.
Trade closed: stop reached