#AXISBANK IS IT READY TO GIVE BRAEKOUT?

#AXIS BANK HAS BEEN CONSOLIDATING FOR A WHILE IN AN RANGE BETWEEN 518-550
CLOSING ABOVE 547-550 WILL CONSIDER AS BREAKOUT AND HEAD TOWARDS 563.50-565
CLOSE ABOVE 565 IS MUST FOR STRONG UPWARD MOVE.TARGET SEEN AT 594.
ANY REJECTION OF CLOSE ABOVE 547-550 WILL BE A SHORTING OPPORTUNITY
FIBO EXTENSION TARGETS ARE 547.30 (61.1%)
565.20 (100%)
594.20 (161.1%)

Comment:

CLOSED ABOVE 565 EXPECTING STRONG MOVE AHEAD TOWARDS 594-600+