AXIS BANK LTD
Updated

There is so Much Gambling in this scrip , Time will talk

304
This one i am looking as last push before heading for Major correction , its been always tricky scrip , and Many select this as Gamble stock , But i am not at all interested in this kind of high beta scrip ,
One can look for bullish brake and close above the trend line or recent high in 1 Hour can go long , and those who believe shorting is better trade than going long , Can look for short selling once it tag 600 and reverse , that will be grate short sell because form here i am expecting nearly 200+ Points down ward move , lets see how it move , time will talk
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This one seems making an coil , S type , i call it as Rattle snake coil , its very nasty trading , now i am doubting about up side move , even if it moves , its very difficult for retail to take profits , Move and counter move will be very fast
i am more looking for sell on rise now , Not interested in buying it anymore
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Today it completed the coil and now make or brake , one can look for entry with your own theory of trade entry ,
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i think the coil has failed to move up , Now look for sharp drop
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Well i dont say anything , most of the time my forecast with experience
talk , they failed to move up and today morning i had updated they might drop sharp , and they did ,

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