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thechama3

AXIS BANK MIGHT FACE THE AXE!

Short
AXIS BANK (NSE:AXISBANK)  
thechama3 Updated   
NSE:AXISBANK   AXIS BANK
Chart Patterns AXISBANK short Weekly Charts
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chartpattern axisbank short weekly
Axis Bank looks weak on the weekly charts post confirmation from RSI and a converging MACD. It could move towards 669/ 650 in the near term with SL of 721. One may sell on rise for a better risk- reward Or take low volume trade.

Note : Should make a low below 681 in the coming week.
Comment:
Made a minor low below 681. Not a substantial one. Keeping the position open as SL not reached and making a minor profit. Willing to stay on and take a hit or get to the target.
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