Nikunj_Bangad

Axis bank confirms negative divergence, can short your shares!

Satış
Nikunj_Bangad Güncellendi   
NSE:AXISBANK   AXIS BANK
From the chart of 1 hour of Axis bank, and by using RSI, we can confirm that the RSI is taking reversal, which implies from RSI Chart that it is a negative divergence. If RSI Cuts the 56-57 levels, we can short axis bank. We can confirm the shorting with the nifty bank charts as similar patterns are watched on 1 hour chart of Nifty bank, negative divergence. So, wait for confirmation and then trade.
Do support me, and comment if you like the idea. Thank you.
Yorum:
Also, we can see Double top pattern is forming in Axis bank chart. So keep watching fro any confirmation.
Yorum:
After forming double top, axis bank gave 9-10 points for shorting. It went down till 393 from 403.

Now wait for RSI negative divergence confirmation. You can get good points for shorting.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.