Axis Bank has formed a flat correction ABC, currently we are in the last leg of the correction, where wave C is a triangle. we still have wave Z of the triangle to be complete, which I believe will be around 1000 little less.
Once the triangle is over we will get a very sharp and big move in upward direction the reward which you will remember for the months to come.
PS: Someone please remind me around 4th or 5th of Feb about Axis Bank. Let us all benefit from the upcoming trend once the triangle is completed.
Disclaimer: This is for educational purpose only. I am not SEBI registered Member.
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.