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kanavanand8
Aug 1, 2020 8:59 AM

Possible bounce back ! Long

NSE:AXISBANK1D
AXIS BANKNSE

Description

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It can retrace from the support line and comes near resistance sooner, be cautious if it breaks the support with volume, else its a good trade
Parallel Channel
Comments
Sai_1995
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I have a similar analysis, there is a possibility of a bounce back to resistance, if it breaks the 447 mark and sustains it can go upto 470-480 range.
kanavanand8
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@Sai_1995, glad we align on our thoughts
Vivek2907
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NOT POSSIBLE ................WHY ??? JUST WAIT TILL MONDAY ,TUESDAY 3RD AUG/4AUG
kanavanand8
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@Vivek2907, I have given both possibilities in my description.Let us know your thoughts / logic instead of dates , it will help community :)
pav_technicals
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@Vivek2907, why
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