Axis bank had a good consolidation for the past one and half month and it broke out of the zone with a strong bearish sign .
This break down can help in the descending wedge channel that is being formed from 960 levels .
Once the channel is completed , we can get a more view on which side the stock is heading towards with the additional pattern of flag and pole .
If you are planning to long / short suggesting you to avoid till the budget session is completed & for the channel to be completed .
Price levels 800-820-840 acts as crucial support/demand zones as the weekly breakout happened at this price .
This break down can help in the descending wedge channel that is being formed from 960 levels .
Once the channel is completed , we can get a more view on which side the stock is heading towards with the additional pattern of flag and pole .
If you are planning to long / short suggesting you to avoid till the budget session is completed & for the channel to be completed .
Price levels 800-820-840 acts as crucial support/demand zones as the weekly breakout happened at this price .
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。