Axis Bank - Perfect Box Setup- Sell Top@530 & Buy Bottoms@480

Let us not predict what market will do next - let it do then we move next. A perfect box setup is what one has to trade when it reaches top zone 520-530 & you see it is weak-once you confirm at your end-jump in the sell & book profits at the bottoms 480-485 & look to buy at bottoms when you see it is not closing below. Have patience & traders get paid later. We have been working with this strategy since 45-60 Days.

It should be clear breakout of the range & should sustain above or below to continue its respective side movement.

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20:35 Hrs 18th May2017

Day Low@490

headed close to support levels of 480-485 zone.