AXISBANK is still in its bearish trend....
if we clearly observe we have a strong demand zone lies at 884.
On the topside, we have a resistance in the form of trendline.
keep safe here going long in this stock price.
we have strong liquidity above the trendline, after grabbing that liquidity price may again turns to be bearish.
we know already price taken the trendline liquidity below the support levels at 920-960 levels.
If price takes the liquidity again at 920 levels with a strong consolidation will go for long side when it enters in the demand Zone.
Wait and watch levels are trendline Resistance and demand Zone.
fake breakout chances are more above the upside trendline.
if price breaks the trendline strongly then on a pullback we have to look for a buy until avoid buying in this stock price.
if we clearly observe we have a strong demand zone lies at 884.
On the topside, we have a resistance in the form of trendline.
keep safe here going long in this stock price.
we have strong liquidity above the trendline, after grabbing that liquidity price may again turns to be bearish.
we know already price taken the trendline liquidity below the support levels at 920-960 levels.
If price takes the liquidity again at 920 levels with a strong consolidation will go for long side when it enters in the demand Zone.
Wait and watch levels are trendline Resistance and demand Zone.
fake breakout chances are more above the upside trendline.
if price breaks the trendline strongly then on a pullback we have to look for a buy until avoid buying in this stock price.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.