BAJF: Shorting Opportunity Around the Axis Line

Updated
Bajf had a strong sell of which drove it back below the axis line. There could be a possible short setup which i ll present on the lower time frame. For more information on the Axisline topic read my previous post.

Kotak Bank: Dancing Around the Axis


Regards
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All the best.
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Bearish out of the box. Partial booking adviced.
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For the remaining position SL @ breakeven 2055 and target 2005
Trade closed: target reached
One can trail if wish so but i am done as of now.
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Its worth mentioning here that the best trades always emanate from simple setups irrespective of rumors. They generally do not linger or look back once you enter and generate quicker profits.
axislineBAJFINANCEChart Patternsshortsetup

JJ Singh
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