AXIS BANK LTD
Long
Updated

Axis Bank from 17 July 2020

130
The stock is showing increase in MFI also seems to be coming out of Consolidation Zone.
price has shown a good retracement ( consolidation ) in 420-430 zone.

Setup:
1. Intraday setup :
buy at 440 -> tgt 450
2.Positional setup:
buy at 440 -> 450 -> 462 -> 470 -> 476

3. Option strategy:
Sell ( 390 PE + 400 PE + 410 PE ) + BUY 370 PE * 3
Trade closed: target reached
All target achieved .. gap up and done

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