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aktradelearning
Jan 10, 2023 6:09 PM

AxisBanks - Longs be careful  Short

AXIS BANKNSE

Description

AxisBank after giving a super momentum on upside is currently seems to be forming ending diagonal in its wave 5 as per my understanding, which is a rising wedge structure and breakdown of it can give a good correction.
Longs need to be careful here ...

Trade closed: target reached

from 950 to 846....100 pts fall, more than 1:2 R:R trade....keep your tsl above today high or close
Comments
Goodmac
Your analysis has always been great and on Axis I do have the same view!
aktradelearning
@Goodmac, Thank you
AMIT-RAJAN
Nice one
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