binuppaul

AXIS BANK- HIGHER TARGETS IN THE OFFING

Long
NSE:AXISBANK   AXIS BANK
After the sharp down move early this year Axis Bank has been consolidating with an upward bias. One can observe the formation of a symmetric triangle in the daily and shorter time frame charts. The stock has been receiving support in the 413-428 range in the last couple of weeks. A break above the long entry price point mentioned in the chart can take the price to targets mentioned.

Note:

The first version of this analysis appeared in the educational blog of Center for Research in Asset Markets and Economy (CRAME), Christ (Deemed to be University) Lavasa

DISCLAIMER

The content provided in CRAME blog is for educational purposes only. CRAME or the analyst(s) do(es) not assume any responsibility for the financial decisions/actions made on the basis of the analysis presented in the blog.

Analysts

Prof. Binu P Paul PhD
Prof. Soumya V ACSI
Trade closed: target reached: All targets done

Comments

Hlo... I like your strategy and all can you give your phone number in my mail and do u take any class for technical anylsis
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binuppaul ronyalexarangath
@ronyalexarangath,

Will be offering some sessions soon. Will keep you posted. Please leave your email with me. Or you can email me at binu.paul@christuniversity.in
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