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