AXISBANK UPDATE

AXISBANK is approaching a major PATTERN support at 1050 on cash.
A lower low below 1050 would open up targets of 1005 and 960 in coming days.
I have been BEARISH on private BANKS since last several weeks.
Infact HDFCBANK is my TOP pick on short side.
AXIS too is joining that list.
I could have went after ICICI too.
it’s only matter of selecting.
Let’s see,
watch out for supports.

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