entered when CMP was 536.5
SL is below 530.7 (6 Points)
This was discussed in the video I had posted yesterday on my views.
Everything is in the video on why I carried out the trade. Please check.
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Note: All the values given are in AXISBANK spot price chart. And also please note this is Positional analysis (for a week or more) and is NOT for intraday
This was also published in regional website, but sometimes may or may not appear here, so publishing my views in here also
SL: 430.5 (May change later basis CS pattern)
I may add more lots once its breaks out from the upper line - will update accordingly
However I did not trade the short sell in axis, as I have my short positions in nifty (2lots), which now is in a good support area.
Typo error,, however the Risk reward ratio in the diagram might have been helpful..