1. As mention in my previous study on the fall of axis bank.(Link Below)
2. I think Axis want to retest the price of 402 . Before further fall.
3. 402 Price is also 61.8% Retarcement Level from the recent lowest price.
4. On Drawing AB=CD Pattern on the same.
5. Assuming BD=1.27, Price may take the reversal from 359.
6. After Retest Sell 399 Target: 390 , 386 Stop Loss: 402
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Trade fechado: objetivo atingido:
All target achieved for today.
