TradingView
abu_bkr
Dec 14, 2021 1:53 AM

[Positional] Axis bank buy idea as per support and resistance Long

AXIS BANKNSE

Description

Three zones are marked in the chart. Axis bank seems to moving nicely between those zones.

Stock bounced from it's support zone with bullish follow up making Higher High(HH) and Higher low(HL) in daily timeframe .

Swing trade can be taken with Stoploss as previous swing low that is 647.
First target will be resistance -1 that comes at 750-767 levels followed by resistance-2 that is 812-826.

Comment

Reached target 1 which was resistance 1. Stoploss trailed at 688
More