NiftyAnalysis

Axisbank bullish breakout

NSE:AXISBANK   AXIS BANK
Look for a bullish breakout in Axisbank.
A pennant pattern is evident in this stock.
Price level of 1113-1115 range is resistance to watch for a breakout.
I will update the entry taken for buy later in the idea comments.
Trade active:
bought above 3rd Jan's high price.
Currently shifted SL a few points below the upper circuit of the channel at around1105sh
Trade closed manually

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