AXISBANK view

AXISBANK; have possibly made a durable TOP at 970 which got printed on 04,January. But we need further conformation, it have multiple patterns support at 900, so a break of 900 is needed to conform the TOP for near term.
BELOW 900 it would have a PATTERN Breakdown for Targets of 861 and 820 on cash. It have its Quarterly results on 23rd,January. TIME wise, it have completed 1 CIRCLE from the TOP on 16th,January, so it have primary setup for a decline. Once we have PRICE conformation, we should get a Trending move till 01,FEB, which would complete 2nd CIRCLE of TIME!

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