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

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
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle


Excellent work once again Abhishekji !! Waiting for market to move and market is always right, but assuming even if bearish trend, would it be possible to expect a 0.23 - 0.38 pullback into 513-545 zone. Your thoughts ?
Yes. Likely that is the case, it can retrace back in the zone 530 -550 -possible ranges for up move
ShanTrader AbhishekHSinghCMT
Thank you and wish you and your family a very Happy Diwali !!!!
Hope so everyone enjoyed the light festival
Can we go long here?
Its looking to push up- I am also keen to see the same. Index likely up if holds 8550-8570 zone then It will be on firm foot that up move has started.
Hi, we will wait for some more time & do not hurry up. Its trading@485.70
akila AbhishekHSinghCMT
ok Thx
So, that's why I said -let us not hurry axis trading back again at 475 levels
akila AbhishekHSinghCMT
Great !! Thx Abhishek...Appreciate the details you post and also the advise ....Much thanks!
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