NeeteshJain

Axis Bank - Bullish Inverse Head N Shoulder

Long
BSE:AXISBANK   AXIS BANK LTD
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
Trade active
Comment: Waiting for price action to break and close above 500 levels for further confirmation to initiate the trade. Regards
Trade active
Comment: Breakout of Neckline of Inverse Head N Shoulder


Regards
Trade active
Trade closed: target reached