KEY TAKEAWAYS
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the...
++++++++++++++++++++++++IF IT SUSTAIN ABOVE BLUE ZONE GO FOR BUYING SIDE ++++++++++++++OR++++++++++++++
++++++++++++++++++++++++IF IT STAYS BELOW BLUE ZONE GOR SELLING SIDE +++++++++++++++++++++++++++++++++
+++++++++++++++++Confirm with the candlestick rejection and your other technical source++++++++++++++++++++++++++++++
---------------------------------{IF...
As per hourly price action
Axis bank is trading in Rising wedge pattern Also Axis Bank create Second lower high and bounce back from support area zone.
rsi also cross 60 level in hourly timeframe .
Buy area Above Only 753 target 1 : 760 Target 2 :766 Target 3 : 774
Stop loss : 730
If breakout the flag pattern this stock should be fly to long number of percent upto 5%.
There is the neutral position in uptrend stock.
You should buy in option and you cAn make a lot of profit.....wait for breakout these very near .
It should be possible in next trading session.
AXIS BANK has been making higher low structure and moving up in an ascending triangle.
It has been currently building up at resistance with low volumes.
Possible breakout on the cards.
Daily closing above 752-53 is required with high volumes for confirmation.
NSE:AXISBANK
Right now axis bank has a cluster of resistances marked all in while horizontal lines and the different support zones are marked by purple horizontal lines. Any break of support will lead to good fall towards the downside.
![AXISBANK: AXIS-BANK [possible breakout]](https://s3.tradingview.com/z/zuxts8HX_mid.png "AXIS-BANK [possible breakout]")
