AXISBANK ( DAILY) (STOCH > 25 and 75 )
Formation of cup as on 4th Sept 2020 till 9th Oct 2020
Possible formation of handle till 9 day EMA
Buy above high of 473.5 ie high of 4th Sept 2020
Trend line breakout also present drawn from 1st of Sept till 9th Oct 2020
Target height of trend line 503.4
OR
Target height of cup for Rs.65 move
OR
Target 2*ATR for Rs.33 move
9 day EMA > 21 day EMA > 50 day MA
RSI > 60
Volume > AVG
Formation of cup as on 4th Sept 2020 till 9th Oct 2020
Possible formation of handle till 9 day EMA
Buy above high of 473.5 ie high of 4th Sept 2020
Trend line breakout also present drawn from 1st of Sept till 9th Oct 2020
Target height of trend line 503.4
OR
Target height of cup for Rs.65 move
OR
Target 2*ATR for Rs.33 move
9 day EMA > 21 day EMA > 50 day MA
RSI > 60
Volume > AVG
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.