Axis bank is currently experiencing profit booking after the recent ATH, and if it takes reversal in the coming days with the support from the recent high zone and trend line, then we can expect a new ATH in Axis Bank.
PRZ - levels 22749 S/L - Closing above 23211 Target 1 - 22092 Target 2 - 21685
Nifty chart forming gartley pattern based on current levels, Next PRZ levels are marked.
Harmonic levels are marked in the chart.
PRZ level - 181 - 187 Stoploss - closing above 187 Target 1 - 167 Target 2 - 159.6
PRZ levels and stoploss levels and target levels are mentioned in the chart.
After a successfull rally, mild profit booking is expected at levels 993 - 998 , PRZ levels.
Idea is based on harmonic PRZ levels, Fibo levels act as a pure Resistance zone.
Based on bearish cipher pattern, levels are mentioned in the chart. PRZ levels for short. target 1 - 6404 target 2 - 6341 target 2 - 6260 .786 fibo level - 6587 .886 fibo level - 6643 which can be used as SL.
As per Harmonic levels, Bank Nifty is forming Bearish Bat pattern on daily basis, levels are mentioned in the chart, if the C point is breached levels are not valid.
PRZ levels 1225 - 1189 Stoploss - closing below 1189 target 1- 1302 target 2- 1348
PRZ levels and targets are mentioned in the chart, Yellow line - PRZ green lines are the targets.
Levels are marked in the chart.
Bullish bat pattern is formed in Reliance , we can expect Reversal around the levels of 2030 again., after a mild profit booking.
Nifty based on bat pattern is now trading , levels are marked in the chart.
PRZ levels with target and Stoploss mentioned.
Short and long levels are marked clearly based on harmonics, if the C levels are not broken this patterns are valid.
PRZ levels and target included in the chart.