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#AXIS bank .potential breakout candidate on watchlist

Long
AXIS BANK (NSE:AXISBANK)  
seekedgetrade  
NSE:AXISBANK   AXIS BANK
Trend Analysis Chart Patterns Technical Indicators AXISBANK momentumbreakout roundingpattern Inverse Head and Shoulders
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trendanalysis chartpattern indicator axisbank momentumbreakout roundingpattern inverseheadandshoulders
AXIS bank shows a potential breakout from a previous 2 year old resistance zone. Looks like it is forming
inverse Head and should pattern on weekly timeframes with neckline same as the resistance zone with potential to break out upside
If it worked out.Momentum and Trend indicators are showing bullishness on all timeframes now.Enter only on confirmation
of breakout with a green candle close above and tight stop loss below entry candle.
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