Pk83084
Long

Axis Bank: Big move on the cards for tomorrow

NSE:AXISBANK   AXIS BANK
1. On 2nd Jul, prices traded in the CPR range for most part of the day. They respected the CPR range very well.
2. Prices are trading in the narrow range, which is abnormal for the Axis bank stock.
3. Tomorrow big move is on the cards for sure.
4. First two candles will give directional bias.
5. If day's CPR is breached then prices will move big in that direction.
Disclaimer: This information is for educational purpose.

Comments

Axis bank to end operations in UK. Does this news negative for tomorrow?
+4 Reply
Pk83084 spark142
@spark142, I think this particular news should not have negative impact. But Banks decision of fund raising didn't go down well with shareholders. That is the reason prices tumbled 2% since then.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out