Slight Bullish Harami gives some confidence. This looks interesting because Axis is breathing some fresh air after so many months. If it sustains at this level, I firmly believe that Axis can hit the HHs pretty soon. All because of that YesBank fiasco, I assume.
This is weekly chart of TVS MOTOR (CMP @ 553.45) which looks good for a long trade based on following observations:
1. A trendline has been drawn which has been tested for its reliability many a times as established support as shown on the chart. This established trendline once again was tested on 8th Oct 2018 which also coincides with key retracement level of...
YesBank can test 345 by end of this week.
Aroon Oscillator turned bullish as Aroon Up is greater than Aroon down and this change happened at the close of last week and we can see today YesBank was positive.
After all the bad news factored in the price already, the stock is ready for shooting up like a star.
Strong fundamentals and strong technicals => STRONG...