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.
@ajaybalan1996, if gap up happens let it happen.trading without fear of missing is the key.if big gap up then wait for retracement to enter and if small one then also patience to enter above a green close helps