Intraday Analysis: Axis Bank
This is the intraday analysis for tomorrow (07 Jun, 22)
Axis Bank is making falling wedge pattern (which is also a bullish pattern ) in 15m timeframe and in 1h timeframe.
Price is at support so we can expect reversal from this point. Im buy biased for axis bank, I would just avoid the sell even if market breaks the second support.
Watch out for gap up and gap down opening tomorrow and see how they're reacting with these levels.
Happy trading :)
Axis Bank is making falling wedge pattern (which is also a bullish pattern ) in 15m timeframe and in 1h timeframe.
Price is at support so we can expect reversal from this point. Im buy biased for axis bank, I would just avoid the sell even if market breaks the second support.
Watch out for gap up and gap down opening tomorrow and see how they're reacting with these levels.
Happy trading :)
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