AbhishekHSinghCMT

Axis Bank - Perfect Box Setup- Sell Top@530 & Buy Bottoms@480

NSE:AXISBANK   AXIS BANK
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Let us not predict what market will do next - let it do then we move next. A perfect box setup is what one has to trade when it reaches top zone 520-530 & you see it is weak-once you confirm at your end-jump in the sell & book profits at the bottoms 480-485 & look to buy at bottoms when you see it is not closing below. Have patience & traders get paid later. We have been working with this strategy since 45-60 Days.

It should be clear breakout of the range & should sustain above or below to continue its respective side movement.

Previous Update - Hatrick What Next?
Trade active: 20:35 Hrs 18th May2017

Day Low@490

headed close to support levels of 480-485 zone.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Will wait gor 480 to enter sirthe...thanks
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@naizycm, Do not trade in between 530 to 480 -let it break & you will enjoy trade in respective side or trade for buy from bottom 480-485 if takes support or sell from tops -if it gets resistance.
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naizycm AbhishekHSinghCMT
@AbhishekHSinghCMT, thanks sir :)
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