Descending Triangle on 15mins chart in Axis Bank
Dear Traders,
Descending Triangle formation on 15mins chart in Axis Bank. Most probably to break the bottom of triangle and 50 EMA staying above the price. It seems bearish.
Sell below 494
Target 488
Points Gain - 6
Descending Triangle formation on 15mins chart in Axis Bank. Most probably to break the bottom of triangle and 50 EMA staying above the price. It seems bearish.
Sell below 494
Target 488
Points Gain - 6
Trade active
Trade closed: stop reached
Note
Sorry Trade yet to active... before itself I have mentioned SL hit... sorry..Trade active
Trade now active with sell side ..Trade closed: target reached
Target hit successfully..!
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