vanathi

Axis Bank - June 30 Day Trade!

vanathi Mod Updated   
NSE:AXISBANK   AXIS BANK
11
Price action is consolidating indicating a big move is ahead of us. Sell below 509.5 with the stoploss of 512. Targets are 505, 502, 499 and 496. Buy above 513 with the stoploss of 510. Targets are 517, 521 and 525.
Trade active:
Short
Trade closed: stop reached:
Short side stoploss hit and long side target 1 reached. 512-509.5 = 2.5pts loss
517-513 = 4 pts gain. Net profit = 1.5 pts
Comment:
"Vanathi waves" System performance from June 27 to June 30 is 27.4 pts-brokerage !

Roles I play here : Author, Analyst & Moderator.

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