TraderRahulPal

Neat & Clean breakout seen in Axis Bank

Long
NSE:AXISBANK   AXIS BANK
Proper Neat & Clean Breakout seen in Axis bank, Price is above 200 Daily EMA. RSI and MACD both showing a positive reversal in price. Chances are very very high we can see Axis Bank 915+ levels. So accumulate here at current price 880 and go for target which i placed on Chart.
Please follow strict stop loss.

For option lover:-

Buy Axisbank May 800 Put option at 3.4
&
Sale Axisbank May 900 Put at 32
stop loss 65

Chances are very high we can reach target till first week of may month.

Please use proper stop loss to long this trade.

Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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