Axis Bank - Bullish Inverse Head N Shoulder

It is been observed on the Daily Chart that the price action forming an inverse bullish Head-N-Shoulder pattern indicating a bullish move ahead. It shall perform well once the price action breaks above 500 levels to confirm a breakout of the pattern trendline .

Target: 520

Stoploss: 474

*Kindly note that the trade shall be active once the price action breaks above the 500 levels.

Regards

Dagangan aktif

Komen:

Waiting for price action to break and close above 500 levels for further confirmation to initiate the trade. Regards

Dagangan aktif

Komen:

Breakout of Neckline of Inverse Head N Shoulder

Regards

Dagangan aktif

Dagangan ditutup: sasaran tercapai