AXIS BANK LTDShort
Range Breakout
Updated
The overall bearish trend in the markets (Covid-19) increases the probability of a breakdown from this point.
If the stock crosses the support zone/1, then we can see the levels of 630-650 or 2/3.
If not (which is less likely), then the stock will be in a short term uptrend towards the resistance area.
If the stock crosses the support zone/1, then we can see the levels of 630-650 or 2/3.
If not (which is less likely), then the stock will be in a short term uptrend towards the resistance area.
Trade active
1st Target - 656 (+/-5 Points)2nd Target - 630 (+/-5 Points)
Trade closed: target reached
1st Target Reached.Trade closed: target reached
All Targets Achieved!A good 9%+ move
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