Axis Bank - Bullish Inverse Head N Shoulder
It is been observed on the Daily Chart that the price action forming an inverse bullish Head-N-Shoulder pattern indicating a bullish move ahead. It shall perform well once the price action breaks above 500 levels to confirm a breakout of the pattern trendline .
Target: 520
Stoploss: 474
*Kindly note that the trade shall be active once the price action breaks above the 500 levels.
Regards
Target: 520
Stoploss: 474
*Kindly note that the trade shall be active once the price action breaks above the 500 levels.
Regards
Trade active
Note
Waiting for price action to break and close above 500 levels for further confirmation to initiate the trade. RegardsTrade active
Note
Breakout of Neckline of Inverse Head N Shoulder Regards
Trade active
Trade closed: target reached
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Related publications
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.