Axis Bank-Bullish Swing- Strong Supply zone!!
Updated
12.08.2024
Buy 1163
Target 1260
Stop Loss 1115
Risk Reward- 1:2
1. Inside bar breakout after good consolidation
2. Weekly Doji breakout
3. 200 EMA Rejection
4. Price rejected at 0.618 Fibonacci level
5. Gradual decrease in volumes in downtrend.
6. Strength of bear candles reduced.
7. RSI has reached over sold and now recovered to 40
8. Price rejection at resistance turned to support zone
AXISBANK Trade active
Picking the movementTrade closed: target reached
Target Reached!!
8.32%
Risk Reward-1:2
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