Banks managed to help Nifty close above 18100 despite strong selling ahead of the FM announcement (which turned out to be a whammy). What's your view on the market?
I see ending diagonl pattern formation on the stock which denotes sharp reversal and is a very good trading opportunity. enjoy. investment in securities is subject to one's own risk.
comparative study of the three banks which are showing ending diagonal patterns as per the wave theory. this is only for educational purposes. so enjoy
inthe last trading session we can see the axis bank stock has moved around 12.60 rs.
today we are going to see where the stock is headed in the coming days.
based on the current trend setting up , the stock is expected to come down to 411.50 which is a support level and then move to 419 level which is our resistance level .
