s.aradhye
Short

Daredavil trade short Axisbank 636

BSE:AXISBANK   AXIS BANK LTD.
15 0 2
Short Axisbank             636 . Its highly overbought I would ideally short in Options rather than future .

Over next 1 week or so it should stabalise around 620 Levels where one can do profit booking in options .

also time decay will also fetch good money.

Its a risky trade. Against the trend.

Sell Axis bank 620 CA             at 28 Rs            


Trade with caution.
Trade closed: target reached: Axis bank is trading now 590 . Book profits ( sold at 636 )


rgds
Sandeep
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