Axis Bank has formed a flat correction ABC, currently we are in the last leg of the correction, where wave C is a triangle. we still have wave Z of the triangle to be complete, which I believe will be around 1000 little less.
Once the triangle is over we will get a very sharp and big move in upward direction the reward which you will remember for the months to come.
PS: Someone please remind me around 4th or 5th of Feb about Axis Bank. Let us all benefit from the upcoming trend once the triangle is completed.
Disclaimer: This is for educational purpose only. I am not SEBI registered Member.