AXISBANK trade ideas
AXISBANK 4HRCONFLUENCE OF DAILY & 4HR BULLISH BAT
Vertical dotted line is ULTRA HIGH VOLUME down bars - trap of Smart Money , Higher volume-Professionals are buying into the public selling
RSI must be over 30 & Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
Potential Buy
Axis bank (Make or break levels)As we know rising of Coronavirus cases in India is affecting banking stocks the most.
has a very strong support around 628 to 630 and it just showed sign of reversal. Although with increasing cases of Corona virus can bring to stock down again to 628 levels and provide a shorting opportunity as well.