Axis Bank took support at 618--615 and bounce back sharply.
VWAP support around 630.00
Expecting a upside target 750--780 for Feb month.
Trading Strategy for Axis Bank.
+1x 25FEB2021 FUTURES - ₹ 670.00
-2x 25FEB2021 700CE - ₹ 20.15
Breakeven - 630.0-770.0
VWAP support around 630.00
Expecting a upside target 750--780 for Feb month.
Trading Strategy for Axis Bank.
+1x 25FEB2021 FUTURES - ₹ 670.00
-2x 25FEB2021 700CE - ₹ 20.15
Breakeven - 630.0-770.0
Trade closed manually