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imshrinathshetty
Aug 11, 2018 12:42 PM

Axis Bank Long

AXIS BANKNSE

Description

The stock falls back to the fib zone of 78% from the supply zone forming a higher low.
Comments
rajeshmass
Doesn't it have a long term resistance at 630 levels ?
imshrinathshetty
@rajeshmass, Yes, there's a strong supply zone levels. However, it has been tested multiple times and the recent rally shows a strong momentum. High probability of the zone to get broken if it forms a Higher low at the next attempt.
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