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WaveTalks
Apr 10, 2017 6:08 PM

Axis Bank- 520 Intact- Number changed to 502 -Sell Short

AXIS BANKNSE

Description

Playing with numbers again. Double top resistance. Break of 502- 500 which is a weak zone for the stock. We look to sell for 480-485 target zone.

Previous Update

Trade active

11:45 Hrs 12th April2017

Last Price@512

Got rejected slightly above 520 -could not hold above that level & puked down.
In early session Nifty & BankNIfty were also falling sharp.

Trade active

16:07 Hrs 12th April2017

Closing Price@506.60

Day Low@503.25

What a fall from 520 levels to 503 - took a breather in between & started sell off below 510 again post 14:30 Hrs today

Trade closed manually

18th April2017

Closing this post at 498- Price
Comments
RahulThorat
Sir any SL for today
WaveTalks
@RahulThorat, Are taking a fresh selling or taken sell already.
WaveTalks
@RahulThorat, Are You Taking a fresh selling or already taken.
RahulThorat
@AbhishekHSinghCMT, fresh sell at 512
WaveTalks
@RahulThorat, Take Sell below 510 only then - we never know sometimes it starts moving upside & trap.
WaveTalks
@AbhishekHSinghCMT, Or Should have taken sell at top 520 - that was nice rate when got rejected.
RahulThorat
@AbhishekHSinghCMT, Tnx Sir
RahulThorat
WaveTalks
@RahulThorat, What was done.
RahulThorat
@AbhishekHSinghCMT, got some money from ur call ....profit done.
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