praveen.gupta

Axis Bank Long @ Rs. 730

Long
praveen.gupta Updated   
NSE:AXISBANK   AXIS BANK
AXISBANK , Axis Bank Long @ Rs. 730

Entry 730
Target 798
SL 699
Axis Bank is currently trading at 743 which is having daily demand zone between 714 to 725, so it can work as strong support for the current pullback. It has also support zone upto 708 which was respected in the last pullback. Stock is in uptrand so It can touch to Rs 800 which is previous supply zone. Entry can be done in two steps at Rs 730 and Rs. 720 for better results or 50% of capacity.
Hold for the two weeks in equity delivery mode.

Trade active:
Entry price did not hit till now , place advance order for monday session for Rs 730/- , may hit during pre opening session.
Trade active:
Script is showing Strong Support at Rs 740/- , and 50% qty can be bought at This price
Trade active:
Script is in bull phase , remain in trade , will reach target.
Trade active:
Remain in trade
Trade active:
In this week market was volatile , in the previous week script reached up to Rs 765, but there was sudden downfall in the market due to international circumstance , Today script touched Lower DZ which is App Rs 710 and then bounced back to Rs 725/- , Remain in trade .
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