AXIS BANK--DZ & Trendline Resistance??

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AXISBANK is still in its bearish trend....
if we clearly observe we have a strong demand zone lies at 884.
On the topside, we have a resistance in the form of trendline.
keep safe here going long in this stock price.

we have strong liquidity above the trendline, after grabbing that liquidity price may again turns to be bearish.
we know already price taken the trendline liquidity below the support levels at 920-960 levels.

If price takes the liquidity again at 920 levels with a strong consolidation will go for long side when it enters in the demand Zone.

Wait and watch levels are trendline Resistance and demand Zone.
fake breakout chances are more above the upside trendline.
if price breaks the trendline strongly then on a pullback we have to look for a buy until avoid buying in this stock price.

Feragatname

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