Axis bank is not showing strength for few days. Today's price movement has formed a hidden bullish divergence showing the price may move upside tomorrow. Buy above 513 with the stoploss of 510. Targets are 517 and 520. Resistance is at 520-523. On breaking 510 the price may go to 504.
Trade active:
@ 513 on 3/16/17
Comment:
Target 1 reached om 3/17/17
Trade closed manually:
@ 517 on 3/20/17