✅Bear put spread strategy by Thakkar 📌Buy one lot of in the money (ITM) 1040 PE at Rs 24.2 and 📌Sell one lot of OTM 1000 PE at Rs 9.2 📌Holding period: Till monthly expiry Thakkar said Axis Bank has broken down from its crucial support of Rs 1,020. The next support is 980 and then 950. On the upside, until 1040 level is not taken off, the overall trend remains negative.