Time to make like multi bagger stock. This is great shorting oppurtunity for axis bank compared to other. Guarantee 75 points from the current level. So make your own research and trade smart.
There is no divergance in axis bank charts, divergance you have created looks incorrect, as RSI about 70 is difficult to maintain in every new high, so everytime new highs is made does not mean rsi will go about 70.
I had mentioned a target of 780 on axis 2 weeks back which is achieved in this expiry and i will this is a start of new big rally in corporate lenders like asix/icici and sbi.
Correction will come and go but these stocks will remain long only.
Deepaklivi
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@Nifty_Club_India, thank you for your reply, I'M pointing out that for short term trend reversal, Not mentioned as axis bank going to crash. Did you notice I was mentioned 75pips clearly.
Nifty_Club_India
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@Deepaklivi, yes i saw your 75 points which is almost 10% but stock hasn't corrected below 760 on closing basis.
Why i text you is bcz you have mentioned guarantee 75 points correction. Mkt never give any guarantee return.
Deepaklivi
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@Nifty_Club_India, did you look at the chart price action, as you said it never corrected below 760, Now What you said. ? learn technically sound.
Nifty_Club_India
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@Deepaklivi,
Seriously funny, so guys need a chance to show down others down, waise i had a buy call on axis at the time when it was trading at 710 my target was 780. You didn't check that.
You have been mentioned guranteed sure short with 80 points down and all. I think you forget your charts.
Axis had made good gains and mkt is into side ways consolidation including axis bank which can correct maz to 730-34 levels. But sir your levels will never come.
Nifty_Club_India
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@Deepaklivi, for your benefit, Long Axis Bank for 1-2 days SL 747, Targets 760.
Deepaklivi
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@Nifty_Club_India, not required for long i already made a profit of around 2 lakh by short at 775, I booked my profit today, earning money is the basic motto in technicals
Nifty_Club_India
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@Deepaklivi, if u were making such profits obviously u were not on this platform.
soooooooooooooooo funny.
Deepaklivi
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@Nifty_Club_India, dont judge the people easily, and more over may be i'm new to this platform, but i was start my trading career a 12 yr back when i was when i was ninteen year old, so 2 lakh profit i made was coming from huge losses i made in earlier days
Nifty_Club_India
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@Deepaklivi, your charts don't shown me 12 years of experience for sure. waise stay happy with your lakhs of profit every day.
I had mentioned a target of 780 on axis 2 weeks back which is achieved in this expiry and i will this is a start of new big rally in corporate lenders like asix/icici and sbi.
Correction will come and go but these stocks will remain long only.