InsiderB

AxisBank : Dangerous Harmonic Move !

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NSE:AXISBANK   AXIS BANK
Why this one is considered as most dangerous move ? Bcos in Harmonics its quite unsure that whether the potential harmonic will complete as expected or not, so trying to cash in on CD move is most dangerous ever, Harmonic traders will know that. If you are new around to the topic, people use all sort of harmonics,I don't blame them... but sticking to certain set of rules will help you better instead of searching around variations in harmonics.

So why I took this CD move in half way, as there are reasons behind, lower highs can be easily one of them. Next time when you do harmonics, look out for your ratio's !
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Struck with this one...

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