maneeshaggarwal

AXIS BANK SHOWING BEAR FLAG

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BSE:AXISBANK   AXIS BANK LTD
FOR EDUCATIONAL PURPOSE

AXIS BANK SHOWING CONSOLIDATION IN THE FORM OF BEAR FLAG AFTER A SIGNIFICANT DOWNTREND. AND UNABLE CLOSE ABOVE THIS FLAG TO NEGATE THE PREVIOUS DOWNTREND BUT FELT RESISTANCE AT 505 AND DROPPED AND FURTHE IF IT CLOSES BELOW 482 THE A SMALL CORRECTION TO 455-465 MAY HAPPEN.A CLOSE ABOVE 505 A DECENT UPTREND WILL TAKE THIS TO 555-560