Axis Bank from 17 July 2020 Long

AXIS BANKNSE

Description

⋅ Jul 19, 2020 10:36 AM

The stock is showing increase in MFI also seems to be coming out of Consolidation Zone.
price has shown a good retracement ( consolidation ) in 420-430 zone.

Setup:
1. Intraday setup :
buy at 440 -> tgt 450
2.Positional setup:
buy at 440 -> 450 -> 462 -> 470 -> 476

3. Option strategy:
Sell ( 390 PE + 400 PE + 410 PE ) + BUY 370 PE * 3

Trade closed: target reached

⋅ Jul 22, 2020 5:33 AM

All target achieved .. gap up and done