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Muhammed_Nihal
Dec 16, 2020 1:39 PM

#AXISBANK -LOKING FOR A BREAKOUT 

AXIS BANKNSE

Description

NSE:AXISBANK IS FORMING A TRIANGLE CHART PATTERN
RED LINES ARE LONG TERN SUPPORT & RESISTANCE

CONSIDER THESE POINTS BEFORE ENTERING INTO TRADES
  • WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM
  • IF LOOKING FOR A LONG TRADE ,ONLY ENTER AFTER A PROPER TREND REVERSAL IS FORMED
  • SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE
  • FOLLOW NIFTY & NIFTY BANK FOR DOUBLE CONFIRMATION
  • ENTER ONLY ON PROPER POINTS.AVOID TRADE IF YOU ARE NOT ABLE TO ENTER ON THE CORRECT POINT


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