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vipulmehta817
Sep 7, 2022 11:33 AM

AXISBANK 75m.. Cup and Handle within Head and Shoulders 

AXIS BANKNSE

Description

AXISBANK 75m chart is exhibiting a cup and handle bottom formation within a broader tilted Head and Shoulders formation. Bulls and bears fighting for dominance, although bulls seem to be winning with this cup and handle in place.
Would be interesting next few days to see which side the tide turns and therefore which side do we need to turn and enter our position.

Trade closed: target reached

Comments
johntradingwick
This publication has been chosen for the Editor's Picks and will be featured on in.tradingview.com/ideas/editors-picks/.

Thank you for your valuable contribution to the Tradingview community and keep up the good work!
vipulmehta817
@johntradingwick, Thanks a ton! Thrilled to see the chart selected for Editor's Picks :D
Happy to contribute to the Tradingview community as always!
kamalkarwal
Hey Dear will you suggest me how to learn chart analysis
vipulmehta817
@kamalkarwal, Hello Kamal, there are some really good books that you can refer. My favorite is 'Technical Analysis of Stock Trends' by Edwards and Magee. I also conduct workshops on chart analysis. We can discuss if you are interested
hotCheetah70621
@vipulmehta817, im intrested in workshop. How to followup for the same.
vipulmehta817
@hotCheetah70621, Hi, please ping me on Telegram, @vipulmehta817. Will share the details there
sujaylvu
looks like inverted head and shoulder pattern!
vipulmehta817
@sujaylvu, That's right. If we extend the resistance line toward the left a bit, it is inverted H&S also!
rs302390
That is not cup and handle model
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