Can Triangle Break-OUT Clear NOISE in AXISBANK? Much NOISE in AXISBANK, ATR(14) increased in Renko Chart Price (@ 510.45) Closed Above 20SMA => 509.155 & 50SMA => 507.261 In ICHIMOKU: Tenkan-Sen (511.675), Kijun-Sen (506.025) Bullish Crossover. Bounced from 507.5 Near CLOUD Lead 2 Band (507.8). Made a HIGH (514.3) Above Cloud Lead1(512.55)
Technical Parameters: RSI (51.66) => Crossed 50 from Below, BB% (3.54%) much Low ( i.e.Narrow BB) & others also trends in favour of Bulls .