AXIS BANK LONG
Expecting a long breakout on Axis Bank.
Financials have been muted last week, trading in a narrow range, with low volume. The breakout may test the post-covid highs at 481.
STRATEGY:
BULLISH PENNANT FORMATION:
The breakout can be confirmed by the price sustaining above the top trend line.
BUY: CMP
SL: 418
T1: 465
T2: 485
The horizon is upto 2 weeks, but the stop loss is very narrow as the strategy may fail if the breakout is not sustained.
Like and Follow if you find it useful. :)
Financials have been muted last week, trading in a narrow range, with low volume. The breakout may test the post-covid highs at 481.
STRATEGY:
BULLISH PENNANT FORMATION:
The breakout can be confirmed by the price sustaining above the top trend line.
BUY: CMP
SL: 418
T1: 465
T2: 485
The horizon is upto 2 weeks, but the stop loss is very narrow as the strategy may fail if the breakout is not sustained.
Like and Follow if you find it useful. :)
交易結束：達到停損點
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。