Going by the Bollinger Bands and stochastics on 1D, 1H and 15m TF we are seeing an early signals of breakout. Breakout could take place either before or after a pullback. We will wait for the confirmation before we take position.
Buy AXISBANK above 535
T1: 550
T2: 570
SL: 527
One can trade in the blue range pattern with fixed stop lose or go with the trend as soon the channel is broken which is having high probability of a swing trend.
Why this one is considered as most dangerous move ? Bcos in Harmonics its quite unsure that whether the potential harmonic will complete as expected or not, so trying to cash in on CD move is most dangerous ever, Harmonic traders will know that. If you are new around to the topic, people use all sort of harmonics,I don't blame them... but sticking to certain set ...
How is your saturday going ?! Hope the weekend starting off on Good Note. Today morning I was looking for some stocks to accumulate on medium term (4-7 months). AxisBank was one of them which I kept in radar for past 3 months. Though I'm not sharing about all the stocks in My Portfolio, now its time to post it out for you guys as I did LT a year back, we caught Lt ...
