Do you remember NSE AXISBANK Wave Analysis?
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I have mentioned clearly, “Wave 4 is a crucial support level for the prices. If the price breaks down 4th wave at 905, traders can sell for the following targets: 880 – 857 – 832+. Safe traders can wait for a pullback to minimize their risks.”
Timeline:
[23 January 2023]
- 09:40 AM – Price gave a pullback by making a lower high of 939.5.
[27 January 2023]
- 9:15 AM – Price touched the first target of 880.
The first target has delivered more than 70 points or a 7.5% return in just seven trading sessions.
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