Axis Bank Broken Parallel Ascending Channel Support
Prices trading in a Parallel Ascending channel since 18 Apr 2022 ( Marked With Red & Green Arrow )
Now has broken the channel last week ( Closed At 1072.10 )
Prices may fall back to the lower channels support where it started from ( Green Dash Line )
If you are an aggressive trader Sell at Cmp - 1079.2
SL - 1200 ( Day Closing Basis )
Target - 815/710/620
If you are a safe trader Sell on rise to 1140-1150
SL - 1200 ( Day Closing Basis )
Target - 815/710/620
Now has broken the channel last week ( Closed At 1072.10 )
Prices may fall back to the lower channels support where it started from ( Green Dash Line )
If you are an aggressive trader Sell at Cmp - 1079.2
SL - 1200 ( Day Closing Basis )
Target - 815/710/620
If you are a safe trader Sell on rise to 1140-1150
SL - 1200 ( Day Closing Basis )
Target - 815/710/620
Trade active
1079.2 >>> 934
13% Down
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