Axis Bank Ascending Triangle

11 ביוני 2017

Bet: Breakout of Ascending Triangle
Safe Setup: One can put the 'closing basis stop loss' 3 points from the low of last swing low candle.

Normal Setup: Already mentioned

Option Setup: One can sell Axis Bank 480 PE

Hedge Setup: One can buy 1 lot of Axis Futures and buy 1 lot of Axis Bank 480 PE

6 ביולי 2017

הערה

Close Axis Futures in breakeven. There is no hope for this bank. Short 530CE