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

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.

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Trade active:

Near Trigger price Keep on Watchlist

Trade active:

Moving fine till keeping stop at cost now.