Decoding AXISBANK’s Stagnation: Technicals and Critical Dates

gann insides STOCKS UPDATE 1 Minute

“AXISBANK has been literally flat for several weeks now. Unlike NIFTYBANK, it has not made a fresh high, so on July 14th, that will officially complete one year from its prior peak of 1339, registered on July 12th, 2024. At the current technical setup, the stock is not at all strong. However, to make things more bearish, the stock has to break 1155 on cash. Below 1155, we should see 1130 and 1100 on cash in the next few days. On the time cycle front, July 11th and July 14th are going to be critical cycle dates.

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Published by SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

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