AXIS BANK LTD
Formación

Axis Bank: Short Set up.

Axis Bank seem to have completed a wave move on monthly charts. Wave 2 is a flat and wave 4 is a traingle. Wave 5 is an ending diagonal pattern. The upside looks near to complete. One can take short position now and add on every rise with a closing stop loss of 770. Expect a decent correction in axis bank in coming weeks and months.
Chart PatternsEnding DiagonalWave Analysis

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