AbhishekHSinghCMT

Axis Bank- 70 mm movie- Isn't that amazing?

Long
NSE:AXISBANK   AXIS BANK
I still remember my old days when I was kid - watching a movie on a 70mm screen used to elate me & I used to really get excited for the word 70mm- vow. Mumbai guys know Minerva theatre is one such theatre to have 70mm screen.

it was approx 70 points in Axis bank, which was made in a down move (522-525 to 519) then up move from (517-519 to 530-535) & finally again down move from (530-535 to 480-490) zone.

With this down leg is probably done & out.

The fall which was expected from triangle looks to be done at 477 lows where wave-((v)) measures same distance of wave -((i)). We should take all the profits kept of the table & let us wait for another fresh game to be played or let us wait on sidelines.



Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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