nextgen
Short

Axis Bank to continue further downward

NSE:AXISBANK   AXIS BANK
75 1 0
Axis Bank going according to my previous analysis which target hit on friday, now the next target which Axis Bank is heading around 429 and next 400 in near term. Axis bank has been trading in downtrend channel and already has reversed touching the bearish channel resistance and approaching the support. next week will be deciding for axis bank if market remain green for a week then we may see upside breakout. traders be cautious of breakout if occurs exit with small stop loss.
I have started learning Harmonic pattern...Axis Bank seems to be heading towards 350 levels for completing AB=CD pattern. That is subject to break of 424.85 of course. Please help me refine my knowledge and advise if I am reading right or wrong...request help from experts
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