manavtechresearch

AXIS BANK FALSE BREAKOUT YESTERDAY

Short
NSE:AXISBANK   AXIS BANK
AXIS BANK FALSE BREAKOUT YESTERDAY
-STOCK BROKE ABOVE THE RESISTANCE OF 425 AND FAILED TO SUSTAIN
-CRUCIAL LEVEL OF 425 WAS BROKEN
-SELL ON RISE RECOMMENDED
-STBT TRADE GIVEN
-BUT SINCE MARKET WILL OPEN HIGHER I BELIEVE IT WILL BE SOLD INTO
-POTENTIAL NEWZONE IS FROM 426-454 WHICH FAILED

NEW TRADE
SHORT@420-425
STOP@430
TARGET-1@414
TARGET-2@408
Trade closed manually:
MARKETS HAVE REVERSED
EXITED

TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
Disclaimer

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.