Technical Analysis:Axis bank,Future Capital and Bata India

A man ought not to be led into trading by tokens. He should wait until the tape tells him that the time is ripe. As a matter of fact, millions upon millions of dollars have been lost by men who bought stocks because they looked cheap or sold them because they looked dear. The speculator is not an investor. His object is not to secure a steady return on his money at a good rate of interest, but to profit by either a rise or a fall in the price of whatever he may be speculating in. Therefore the thing to determine is the speculative line of least resistance at the moment of trading; and what he should wait for is the moment when that line defines itself, because that is his signal to get busy. ——-REMINISCENCES OF A STOCK OPERATOR

Axis Bank

Axis Bank has formed an INSIDE DAY pattern Big move can be accepted.Weakness can be any accepted only on close below 1098.

Sell below 1107 Tgt...

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Rgds,
Bramesh
09985711341

http://www.brameshtechanalysis.com/

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