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SumukhK
Apr 5, 2020 1:11 PM

AXIS BANK - Accumulation Zone Long

AXIS BANKNSE

Description

Axis Bank is trading at current levels of 320's after price erosion of beyond 50% in just 1.5 months i.e. fall from 750++ levels
one of the fundamentally strong private bank with govt holding of 26%
Axis bank can be accumulated in the price bank of 225 to 320 levels with various support levels as highlighted on the chart with blue lines
NOTE: One should consult their financial advisor before making any decision to buy or sell equities

Trade active

Trade active with entry at 325-330 levels last week - One can book partial or full at 420 levels based on their appetite and trade strategy - can make re-entry again at 325, 280 and below
NOTE: One should consult their financial advisor before making any decision to buy or sell equities
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