Axis bankPrice was moving in a channel pattern and today it has given break out. Trend deciding zone is 1080 - 1085. Price has to sustain above it to move up further.
Buy above 1085 with the stop loss of 1076 for the targets 1094, 1102, 1112 and 1122.
Bearish below 1076 and price may test 1060 level.
If price is unable to sustain the mentioned level, then once again price will go inside the channel pattern and the movement will become choppy.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
