Tech_stock_trader

Long Axis bank

Long
NSE:AXISBANK   AXIS BANK
Long Axis bank between 715-722 . Once stock touch the TL this is area of value to go long. Previously have seen stock taken the support of TL. So high probability to go long from this area. SL 705 target 750. Once seen BO of Resistance level then next target is 770 with trailing SL. also if TL BD then will not take entry. This is for your educational purpose only.
Trade active: Already few days back .
Trade closed: target reached

Comments

Thanks for your chart but my point of view is different. Price is increasing but volume is decreasing and still in below of average. I'm not sure for long. Can you please help me to understand more preciously?
Reply
Tech_stock_trader Money_design
@Money_design, Look volume is very lagging indicator means only after the end of the day, we came to know . Don't just rely on volume. In trading other factors has to be considered too. Risk management is the key to success in market. means if you are new or any doubt trade in small quantity . Once you develop confidence then you can trade in large one. Happy trading !
Reply