AXISBANK: Inside Bar pattern

2 Nis 2021

An Inside Bar pattern is formed when the current candle is entirely contained within the immediate previous candle. This signals hesitation of the traders to commit, and thus it could be a continuation or a reversal pattern. The trade setup emerges when the previous high/low is taken out.

Buy above 740 / Sell below 680

I appreciate comments from other traders.

7 Nis 2021

İşlem aktif

680 is broken. Today will confirm the breakdown. Let's see if 670 breaks now.

8 Nis 2021

İşlem aktif

Hit 668 yesterday then shot up to 691 levels. Today being expiry, we can expect a lot of volatility. My vote is bearish until it breaks above 700 on EOD basis.

13 Nis 2021

İşlem elle kapatılmış

Yesterday's low was 626.