Sell AXIS Bank for Target arnd 950 - Descending Triangle Pattern on Daily Charts

I would say  an Axis Bank because at Rs 1100 it’s made almost a picture perfect descending triangle and come down from that. That gives a target of Rs 950 for it. These distribution patterns have some meaning. It’s very unlikely that 100 or 500 midcap stocks show a distribution pattern, breakdown and one fine morning revert back and reverse, and don’t give a follow through.
Now there is a very clear message in the market, banks are breaking down, cracking down and that’s why Axis comes in the list of stocks to short.