Axis Bank - INHS Bullish Breakout Long

AXIS BANKNSE

Description

⋅ Jan 5, 2021 8:52 AM

Note: This is for educational purpose only.

There seems to be a Inverse Head & Shoulders bullish breakout with good volume. Volume is higher that last ~30 days. There seems to be a RSI bullish breakout as well. RSI at 69 indicates bullish momentum.

Buy now or in dips till 640₹
SL = 610₹

Comments

shiv0110

⋅ Jan 5, 2021 8:30 PM

well IH&S is a reversal patterns it requires a downward trend to reverse this may not work

ReviveTraders

⋅ Jan 5, 2021 9:56 AM

looks great 👍

kalyanganguly

⋅ Jan 5, 2021 9:57 AM

@tradethetip, thank you!

ReviveTraders

⋅ Jan 5, 2021 1:20 PM

@kalyanganguly, 🎯