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Axis Bank Ltd. - Will it break the crucial FIBONACCI LEVEL?
AXIS BANK LTD
Short
Axis Bank Ltd. - Will it break the crucial FIBONACCI LEVEL?
By Garey_Singh
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May 24, 2020
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May 24, 2020
Axis Bank Ltd.
The stock is weak.
327 is an important support (78.6% Fibonacci pullback).
RSI & MACD weak. Time Trend Indicators are BEARISH.
Sustaining above 362 (61.8% pullback), it may see a pullback towards 50% Fib Level (393) and then Mid-Bollinger Band (405).
Below 327 it may swifty migrate towards 25 March low 286.
KEEP AN EYE !! #B-
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