CKParkhi

Axis Bank (A potential Short Candidate)

Kort
NSE:AXISBANK   AXIS BANK
Two Harmonic Patterns (HP) are having a confluence. MOB level being 709 and 734.
Price action at around theses level would be the deciding factor.
A contra trade with the least SL with SAR (Stop and reverse) strategy might work, especially at around 709 level.
Having said that, it's a potential Short candidate on every upside spike till 733-735.
During day trading Camarilla PIVOTs (Including a two-day relationship of H3 / L3 zone) can be resourceful for precise trade entries/exits.

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