Axis Bank - Time to come out of the Range?

Axis Bank has been bouncing back and forth in the 480 to 525 range, within this range 505 to 515 seems to a tighter range that act as both Strong resistance and Support. RBI Policy may swing it out of this range, Up or Down, we should know.
Long from my side. Buy above 515 for 530 and 545. Stop loss 510.

Trade active:

Entered Trade at 515. Price went beyond 520 and back at 515.
SL 510.

Trade closed: stop reached:

Stopped out. Closed Below 510 on Jun 12th.