Double bottom formed in Axis bank and closed well above the neckline. Hence expected to reach Target 2 i.e 775. Please note that this is for my analysis and sharing for education purpose.
As per the Price Action method, it's looking to go up. Closing above 940 in hourly will go to 966 and then 984. In other scenario, if it breaks 906 then it will go to 877.
LT is ready for break out and looking to go up. Pls refer the targets mentioned in the chart. If you like my idea then please click like button and leave your comments below.
Note: This is only for knowledge sharing purpose.
Kotak Bank will go up (Target 1550) when it closes above 1395 in daily ( Once completes the triangle Pattern).
Note: My ideas are knowledge sharing purpose only.
Correction over and up move has been started. Expecting to reach 725+ in a week or two. If my idea helps you then please click like and provide your feedback.