AXIS BANK LTD
Long
Updated

Axis Bank: Pole and Flag formation Near ATH

828
Stock is forming pole and flag price action pattern near ATH or you can also see it as consolidation before making a big move crossing all previous resistances.

Stock can move upto 1045 as per Pole and Flag targets.

Other targets can also be derived from Extension based FIBO.

DISC: For educational purposes only. Please consult your financial advisor before making any investment.
Trade closed: stop reached
Stoploss triggered. Closing the trade.
Reentry applicable on the same levels
Note
Re-entry triggered at the same level.
Note
Target 1 done.
Trade closed: target reached

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