Axis Bank - Handle for the Cup@530-535 - Below 530 -450

Last Price@568 - 8th Feb2017

Analysis is done on the basis of spot/cash price.

Looking for handle of the cup@530-535 - if holds then target done or below 530 - handle can extend to 450 - Holding 530-535 can be seen as buying opportunity as well if Index supports.

No Trades above 577 - set the double top as your stop loss

Trade active: 09:55 Hrs 9th Feb2018

Last Price@554

Gap down - from opening high @560 - down 6 points !
Trade closed manually: 12:28 Hrs 9th Feb2018

Last Price@552.50 (In the Trade - 5-8 points +)

Closed ----------------------------Bye ---------------------Closed

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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