Here we have an interesting setup for Axis bank which tell us that if Axis Bank holds VABAFIB 78.6 levels then it is going to make a new ATH soon.
Use 50 MA as stoploss
Dont forget to join our free telegram channel.
www.t.me for regular updates on various setups.
HDFC has been consolidating for a while and a confirm breakout from here will lead to a rally for 200+ points.
Enter in the trade on conformation of breakout and hold the trade with trailing stoploss.
Do hit like and give me a follow if you like my analysis.
All the best.
ALL LINES ARE VABA NUMBERS,
The trade will take its shape as per the results but it seems that we might see a small bounce before going down (IF RESULTS ARE BAD)
I will update the chart in coming week as per the momentum.