Axis Bearish
Updated
May retrace to 390 as per Fib Levels. If it breaks 50 EMA, then will move towards 370 or else take support at the EMA. It will be bullish only above 425.
Note
Tested the 50 EMA at 390 levels, went up and broke 425 levels to reach 445 and then has come back to test 425 just as expected. Long on respect of 425, short on break of 425Note
Both targets of upside of 445 and downside of 370 reached
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