Axis Bank Finally Breaks Above Downward Trend Line

It is been observed on the daily chart that the price action was trading below downward trend line indicated downward trend. Now, It has broken above the downward trendline, indicating a further move up to 23.8 fibs levels.


Target 1: 464

Target 2: 474

Stoploss: 440

Trade closed: target reached:

Target 1 reached successfully. Regards

Comment:

Closing up to Target 2

Trade closed: target reached:

Target 2 reached successfully, Regards