Axis Bank Swing trade Buy Nifty 50 : Educational Idea Only Not a Buy Sell Advice Follow for more learning price action analysis
Pattern : Ascending Pattern
Type Bullish
Green Rectangle is Major Support
Entry Confirm After
RSI Divergence Cross Dotted Middle Line 0
Reason : on Big Time is in Uptrend
Reason 2 Fib. Confirmation
Tgt 1 is 949-957
tgt 2 976-980
SL 927
Entry 935-938
Time : within week
Pattern : Ascending Pattern
Type Bullish
Green Rectangle is Major Support
Entry Confirm After
RSI Divergence Cross Dotted Middle Line 0
Reason : on Big Time is in Uptrend
Reason 2 Fib. Confirmation
Tgt 1 is 949-957
tgt 2 976-980
SL 927
Entry 935-938
Time : within week
Trade closed: target reached:
1
Comment:
target 2 missed slightly due to banknifty trend reversal.