hello,
one can see a bearish symmetrical triangle pattern formation in the axis bank, forming its final leg to complete the pattern. if the levels that I have mentioned supported the analysis, one can get into the trade only after the confirmation, earlier it has retraced from the 50% Fibonacci levels( use bigger timeframe chart to see), I am seeing a short term downtrend. if things go differently plan your trade accordingly.
one can see a bearish symmetrical triangle pattern formation in the axis bank, forming its final leg to complete the pattern. if the levels that I have mentioned supported the analysis, one can get into the trade only after the confirmation, earlier it has retraced from the 50% Fibonacci levels( use bigger timeframe chart to see), I am seeing a short term downtrend. if things go differently plan your trade accordingly.
Trade closed: target reached