Axis Bank Anticipate happened and Elliott Wave Forecast

Axis Bank hourly chart

In my previous update dated 16th May 2020, I had mentioned that, "  Prices are poised to falter till 360-355 levels where the support of the channel is placed with resistance at 410." Prices made a low of 335 which achieved my above mentioned level. - Anticipated Happened

Now as prices has arrived near support of the falling shaded channel there are high chances for this banking stock to soar from current levels which can test 380-385 levels. As per Elliott Wave, prices might have completed wave a of the second correction post wave x, this means wave b higher cannot be ruled out.

Elliott and Neo Wave analysis is conducted for 1 month, this is an advance technical course suited for professional traders. Twice a week, 2 hours will be given for theory as well as practical application. The fees for it will be Rs. 10,500/-.

Classroom training and webinars both are available. If you reside in Mumbai, classroom training is conducted in Vile Parle near station and Borivali Station. For inquiry and registration call +919324174580


Popular posts from this blog

Nifty in Ending Diagonal Pattern?

GOLD and Elliott Wave Counts

Gold Anticipated Happned