Tuesday, June 16, 2009

Diamond Pattern in Axis Bank

Diamond Pattern is formed Axis bank, breakout is possible in either sides. Watch out for good volumes at the break out. Target will be the height of the diamond pattern. A bowl shaped volumes are visible, generally this pattern consists of dome shaped or draining volumes. Below is the 15 min chart of Axis bank

2 comments:

SATYAM on June 16, 2009 at 11:09 AM said...

Doji,
You are making me stock addicted :D... yummy.

Unknown on June 16, 2009 at 11:17 AM said...

very good call...Axis jumped >10Rs after you made this call

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