Axis Bank - Bearish Engulfing - Spotted

Updated
Axis Bank - Script has more sideways then Uptrend or Downtrend in Day Chart.

Day chart evidence Evening Star and now today it witnessed Bearish Engulfing.

Hence , The script now has opportunity to short.

Short below 379

Target 1 - 360
Target 2 - 330

SL - 410

Disclaimer: Kindly do your own analysis before executing the trade
Trade active
Shorted at 379
Trade closed: stop reached
Opened with Gap up. Hence, Stop Loss Reached
Trade closed: target reached
Today Trade activated once and Shorted at 379.

Target 1 reached -360

Exited at 355
Trade closed: target reached
Candlestick AnalysisParallel Channel

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Disclaimer