The chart of AXIS Bank examined and found that the stock is ready to break the important levels, on tomorrow if the stock closes below the 640 levels again, traders can short the stock till the expiry for targets below 600 rupees as the stock is showing the "Head & Shoulder breakdown" and we may confirm its trend after tomorrow's closing.
Order avbruten:
Stock reversed with the market rally, we have'nt taken any call on the stock as we waited for the today's closing. Its good to wait before the breakdown to confirm the trend.