Axis can go further down Reasons for trade- 1. Axis is downtrend on daily as well as weekly chart 2.Support is formed at 640 on 4 hour chart 3.Price approaching towards the 2013 trendline 4.Rounding top patter is getting completed on daily chart 5.Risk Reward 1:2 Sell below 640 Stoploss 676 Target 600 Intraday 585 Positional