Axis Bank Simple Price Action Analysis Bullish

2023年8月7日

AXISBANK is in an Uptrend making continuous HHs and HLs in the Candlestick Chart.

With these HH and HL, the price has created two Bullish Patterns in this Chart: A Cup and Handle Pattern which is a Continuation Pattern, and a Right-Angled Descending Broadening Triangle.

We also have a few Trap Zones in this chart; hence my expectation is that the Price of Axis Bank should go up and make another HH.

Looking at a Target of 164 that is approx. 12% Return on Investment.

2023年8月31日

注释

Achieved All Time High and the level gave more than 2:1 RR, expecting full target.

2023年11月30日

交易结束：到达目标

At last, Target has been achieved