AXIS BANK (NSE) - Elliott wave analysis Welcome guys,
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Axis Bank (NSE) - It dropped in double zigzag from last major top as shown in chart. Then it start moving up within zigzag too. there is two possible probability - (1) is either it will go higher by subdividing the C wave as extension OR (2) is it will go down as the part of correction down further. So there is a common small downward price action. So wait for more price action to get further direction of the trend. Probably price will go down up to 435 from top 445.40 as the common price correction in both option.
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