Axis bank

Updated
Price is consolidating and has formed a descending triangle.
Pattern : Triangle
Range : Medium
Trend strength : Normal
Buy Above : 985.(In case if the price take support at the triangle base).
Stop Loss : 980.
Targets : 990, 995 and 1000.
Sell below : 978.
Stop Loss : 983
Targets : 973, 969 and 964.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Note
Short.
Trade active
Note
T1 done. Made low 969.7 snapshot
Note
T2 done.
Trade closed: target reached
T3 done. snapshot
Triangle

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