Axis Bank Limited
Panjang

Multiple bullish patterns at breakout

154
Stock is in uptrend for few years with a trendline support from 2016. During COVID crash, bears broke the trendline support. The Bulls energized a V shaped recovery and took the trendline support again.
While the V shaped recovery, the stock formed Inverted head and shoulder and it is at the urge of breakout with the ascending triangle formation.

Patterns :-
  • Trend support line
  • Inverted head and shoulder
  • Ascending triangle formation


Buy above neckline
Target at 1024, 1499
Stoploss at 750

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.