AXIS BANK TRADE SETUP

Dear All, There is a perfect trade setup in Axis Bank. After a decent rally, Price has reached its resistance level.. Upper Trend line of the channel is acting as a good resistance zone for Axis Bank.. Rising wedge & Wolf Wave pattern is there which needs to be watch closely. So, any strong downfall can be sell off for a Possible Target of 600-500 levels..!! Attached below Daily Chart of Axis Bank for your reference.

Keep an eye !! Cheers Sid

Disclaimer

I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.