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Axis Bank

24 Feb 202102:39 PM

Two fractals and a Channel. That could be the name of this movie. Axis bank started wave 3 in Jan and is subdividing into 5 waves. Now if the recent low of 700 is presumed to be wave II of 3 then III of 3 would go to 920 if it were equal to wave I. At larger degree wave 3=1 near 1076. And on top of that, we have a rising channel that denotes the time taken to get to the top end of the channel. Wave III IV and V have to unfold over this time to the top end. That is what we are tracking.

At larger degree wave 3=1 near 1076. And on top of that, we have a rising channel that denotes the time taken to get to the top end of the channel.

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