Axis Bank- Bearish below 468

[Geetha]

The trend forms Lower Tops and Lower Bottoms with high volume creating a short position at 468. Axisbank is becoming weaker in the coming session.

Trade Plan:Symbol : AXISBANK-Direction-Short- Entry- below 468-Stop Loss-485.4-Target-451

[Aariya NS]

hai mam

you can fix your entry after the price break the previous higher bottom at the price of 485,and fix your SL at the LT of the price of 530 same bearish trend,and target is 440

kindly review my analysis plz

DOW THEORY-DRREDDY-BEARISH

[Geetha]

Hi,

Yes sir you are correct if you consider the LT LB which is one prior to the one I considered. I have made my tradeplan considering the next LT LB immediately after the one you have considered.

Please let me know your views.

[Author]

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