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Sarthak_Singh
Mar 1, 2020 4:06 PM

Range Breakout Short

AXIS BANKNSE

Description

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.

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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