Axis Bank - Formed W- with the Target - Back 2 Back- Now Trade W

WaveTalks Updated   
Wish You all a Happy Gudi Padwa & Prosperous New Year to all on this auspicious time when Vikram Samvat 2074 begins.

Bang On for the target!- Isn't that amazing that we formed W- shape with targets achieved - What Next- Trade W Harmonic Pattern.

If it sustains below 505 or with strict stops slightly above 505 -we can look for 483-484 Back again in the support zone- mini double bottom support from previous update.

Trading Strategy
Scenario-Risky - If you can afford to lose 5- 7 points, then trade between 498-502 with strict stops of 505+

Targets shall be 483-484 going into mini bottom.

You would be interested to know -How we formed W- shape with targets- Need patience to read all the previous 3 updates

Magical Polarity Level@500

Resignation letter rumors gave the push@502

Hatrick What Next?

Trade closed manually:
09:23 Hrs 30th March2017

Last Price@498

Bad Luck Mr. Satish as mentioned in the comment

It was gap down & 497 -499 zone has been kissed.

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

YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle

Telegram Handle

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.