Shift in trend structure: HH & HL to LH & LL formation|AXISBANK

Jul 10, 2023

AXISBANK

Axis bank 1 hour chart is forming higher highs and higher low but now after formation of 2 highs at a same level at 990 the price has tried to break the level 3rd time and it has formed a lower high so now one condition is fulfilled and we need a 2nd condition which is form a lower low and that will be created after the price breaks below 953 Neckline.

All the important levels and full analysis is mentioned on chart.

The above information is for educational purposes only, Before acting on any investment idea please do your own analysis and follow proper risk to reward.

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Jul 11, 2023

Trade active

Near Trigger price Keep on Watchlist

Jul 12, 2023

Trade active

Moving fine till keeping stop at cost now.