AXIS
is at a very critical point. Axis is standing at a very strong resistance point in daily as well as weekly charts. Its high on RSI and has shown the price reversal on Friday honouring the resistance point. Check out the charts and get ready to mint some money
SELL Trade Setup :
Sell AXIS if opens below 613 or goes below 610.
SL - 626
TGT - 570, 545, 510
Buy setup:
Buy at : 627
SL - 620, 615
TGT - 690-700
If buy setup triggers then 18-24 months target - will be 900+
SELL Trade Setup :
Sell AXIS if opens below 613 or goes below 610.
SL - 626
TGT - 570, 545, 510
Buy setup:
Buy at : 627
SL - 620, 615
TGT - 690-700
If buy setup triggers then 18-24 months target - will be 900+
Commentaire:
Weekly Chart -
Commentaire:
If Axis gets a good opening on Monday then it can see 618-620 level before going for reversal
Transaction en cours:
As mentioned Axis short up before going for a decline.
It was my bad not to update the SL.
I'll keep the trade active though
It was my bad not to update the SL.
I'll keep the trade active though
Commentaire:
My bad. It never hit SL. Just followed my expectations