aashu24ahuja
Education

Breakout Axis Bank

NSE:AXISBANK   AXIS BANK
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Axis bank has given a breakout, and it can retest 540 levels

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is it based on Demand & supply , would like to know more about your trading methodology
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@joel-vg, I mostly look for medium/long term breakouts based on price action. If volume supports the breakout it will be an icing on the cake.

Most of the times after the breakout the stock comes back to levels near to immediate support, as you can see in the chart 540 is the support and stock is retesting at those levels.

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joel-vg aashu24ahuja
@aashu24ahuja,

Thanks Ahuja for the detailed explanation
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