From the charts of axis bank we can concluded, the 5-MA average has crossed the 20-MA, and this is an indication of shorting. Provided the RSI Level is below 50, so we can short the shares, and can gain few profit points.
Comment:
You can watch the trade, after my posting of Idea, the stock has just fallen down by 10 points. This is called perfect trading!
Good if you made some good profits.
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Good if you made some good profits.