The 15-minute time frame for Axis Bank reveals a prominent reverse cup and handle pattern. This bullish technical formation suggests a potential trend reversal, with the stock showing a cup-shaped decline followed by a handle consolidation. Traders may consider this pattern as a signal to anticipate an upward move in Axis Bank's price. *Education purpose only*
Selling pressure is still on, Nifty will touch the 15000 mark in the next 2-3 sessions.
SBIN Daily demand & supply zones using fibonacci retracement