SMayor

Axis Bank - Positional Long

Long
SMayor Updated   
NSE:AXISBANK   AXIS BANK
if BO above 439/440, look of long entry. Remember that recently there was BO of this levels few days back and it turned out to false breakout.

Always use RM to enter and Exit any trade.

Quick suggestion if you are looking for early entry then based on PA above, 432 one can think for long entry but this one is risky trade and always verify your Risk Reward before entering such risk trade.
Comment:
No break out yet. Waiting for the Break Out for positional long.
Trade active:
Entry 442, SL 426.25 and Target 458.5

Good Luck!!
Comment:
Continue to hold.
Trade closed: target reached:
Bingo !! :) Enjoy !!
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