Idea#9 Opportunity in AXIS BANK

Looking at the hourly chart, AXIS bank creating kind of downward sloping channel. Below are the levels which yon keep in your mind before making long or short position in AXIS Bank.

CMP: 613.25

Buy above: 615
Target: 623-625
SL: 611

Sell below: 612
Target: 595-597
SL: 615

PS: Do not trade without Stop Loss. Happy Trading

Trade stängt: målet nått:

After breaching 612 it reached to 572 and closed 593. All the targets done. Happy trading