vanathi

Axis bank

vanathi Mod Updated   
NSE:AXISBANK   AXIS BANK
Price was moving in a channel pattern and today it has given break out. Trend deciding zone is 1080 - 1085. Price has to sustain above it to move up further.
Buy above 1085 with the stop loss of 1076 for the targets 1094, 1102, 1112 and 1122.
Bearish below 1076 and price may test 1060 level.
If price is unable to sustain the mentioned level, then once again price will go inside the channel pattern and the movement will become choppy.

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Comment:
In bullish zone.
Trade active:
Long.
Comment:
T1 done.
Comment:
Good move. High so far is 1101.7

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