The chart set up for Axis bank actually is like formation of double bottom signal highlighted by the two arrows. RSI also taking support on the trend line and i think we may just see quick bounce from the current level of 480 zone.. CMP 485; stop would be placed at 472 and would play for a target of 495/500++
Comment:
keep close watch AXIS BANK started its move now at 489..
Comment:
495 axis bank 1 st target achieved...!!Now cmp 495.70
Comment:
Whoa..!!! Too fast 501 all targets done.. Call closed kindly book ..cmp now 503.35
Comment:
Trade closed
Trade closed: target reached