Bounce from important zone || Axis Bank
It's a weekly chart and the stock has bounced from a very Important resistance-turned support zone. A very safe positional trade with a 17% upside target of 800. CMP-686 and SL will be 630 on a closing basis. 1:2 risk-reward ratio. Do FOLLOW for more ideas.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.