Axis Bank Broken Parallel Ascending Channel Support Prices trading in a Parallel Ascending channel since 18 Apr 2022 ( Marked With Red & Green Arrow )
Now has broken the channel last week ( Closed At 1072.10 )
Prices may fall back to the lower channels support where it started from ( Green Dash Line )
If you are an aggressive trader Sell at Cmp - 1079.2
SL - 1200 ( Day Closing Basis )
Target - 815/710/620
If you are a safe trader Sell on rise to 1140-1150
SL - 1200 ( Day Closing Basis )
Target - 815/710/620
Axisbanklevels
Axis Bank Chart Pattern AnlysisAxis Bank Chart Pattern Anlysis
There is bulish start in our Indian Economy
Hope to start our best economic time
Bank stocks are already doin g their best so its probability to make All time high or reverse
if its break upper side wait and buy for Long
If it sustain and reverse from resistance line we can take short
Thanking You