Axis Bank Broken the Flag Pattern!!
Axis Bank has broken its Flag & Pole pattern albeit with lower than 20 day MA volume!!
One needs to closely watch this scrip now as it may be a false breakout.
If the break out is supported with volume spurt then the target is good and will be quickly achieved.
But even today the volume is not above the 20 day MA of volume, hence, maintain a very tight SL on a close basis...
Cheers!!
One needs to closely watch this scrip now as it may be a false breakout.
If the break out is supported with volume spurt then the target is good and will be quickly achieved.
But even today the volume is not above the 20 day MA of volume, hence, maintain a very tight SL on a close basis...
Cheers!!
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.