Axisbank

Hi As we all now axis bank has picked up rally in last few days

But i dont see axis bank going above 542

if it break 542 then it can go in to 561-562 range

break that than 597 is the target

522-524 can act as support

below it can go up to 508

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Tried best but couldn't cross 542-544 zone...

Comment:

I will not short i am in long

Comment:

just trail SL and keep it tight sit right....

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See the accuracy....

yesterday low.....526
bounced from zone of 522-524

day before high 544
corrected from 541-542 zone...

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Today's high 545 didn't sustain made a low of 534.10

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Till axis bank is maintaining above

530 it can go to 580 in 1 or 2 months

there are lot of resistance after 600-620 range