AXIS BANK LTDUpdated Axis bank
Price is moving within the range of 1080 to 1106 for the past few days. How we can trade on it?
1. Buying at the support & selling at resistance.
2. Selling at resistance & buying at support.
3. If the price in moving without testing support/resistance, it means the range is narrowing and we have to wait for direction confirmation.
I just listed 3 possibilities, but there are many.
Buy above 1085 with the stop loss of 1079 for the targets 1091, 1097 and 1103.
Note : Do your own analysis. You are responsible for whatever you do.
1. Buying at the support & selling at resistance.
2. Selling at resistance & buying at support.
3. If the price in moving without testing support/resistance, it means the range is narrowing and we have to wait for direction confirmation.
I just listed 3 possibilities, but there are many.
Buy above 1085 with the stop loss of 1079 for the targets 1091, 1097 and 1103.
Note : Do your own analysis. You are responsible for whatever you do.
Trade active
Long.Note
T2 done.
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Join my students group for Index Option Trading to earn and learn.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
Join my students group for Index Option Trading to earn and learn.
Join my students group for Index Option Trading to earn and learn.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.