AXIS BANK is coming back in band of 525-480

Updated
i will short axis bank on monday.... as a bearish pinbar formed which closed back in the 525 range.....
So i will Short axis bank around 525-530 with stoploss 535-540 for first target of 500-510
Trade active
Shorted at 525.60
Trade closed manually
shorts covered @ 524.60.... very strong supports around 521-525...
will see tomorrow if it breaks 520
Trade active
Again shorted today at 528.10
Trade closed: target reached
Trade closed at 522.10 ....again 6 points profit
Note
as i closed my trade ...withing few minutes it hit low of 516 and my target was 518.1.... i would have made more money if i practice discipline.
AXISBANKChart PatternsPin BarpriceactionshortsetupTrend Analysis

Also on:

Disclaimer