There are two trades.
One which initiated at the PRZ and closed on 0.382 level. Second is initiated on today; with today's high as stop-loss with .618 level as the target. Axis is about to post profit today which is estimated to be amazing.
Currently closed the first trade with profit.
Riding the second trade but bought a hedge of Axisbank 520 November CE at...
Scrip can see trend reversal as the bears tried to pull the price down however, bulls manage to regain momentum henceforth, forming hammer at end of downtrend
Price range targeted, mentioned in charts if the scrip manages bullish momentum thereon
TP- 505, 507, 509 and beyond
Hammer appears in a downward trend indicating a bullish reversal....