Axisbank at support and compellig for investors.Channel (i) and Channel (ii ) was represented at support or at value low . Axis bank created an excess in both channels which good opportunity to buy 741 nearby with stop loss of 730 below of candle closing base. Target is 766 nearby at control price.
TimeCycle (2) is also going to positive.
If there is not anything -ve on this stock, Support will be compelling for investors.
Buysetup
Everything is here for NIFTY, if you want...This commentary will focus on 2hrs chart timeFrame. Almost everything is plotted on the chart which can be easily understandable for traders and investors.
After the breaking, the " minor channe l" downward will give you target 11708 nearby. However, our strategies can and will provde you buy setup at " value low " if tail generated at " value low of the major chan nel ".
Hit LIKE button for real-t ime ALERT whenever I give you Buy Signle.
Note: I will not act for long if there is not a big TAIL at the bottom (7).
Wipro crucial zone, Breakout Or Excess?Honestly, I am not sure that its an excess or a breakdown but, volume is normal.
Normal volume indicate that, if price not bounce OR not create a TAIL before the close then its breakdown. Let wait and watch this closey for learn.
Yes traders and investors eye will look for this stock to buy at this area 265-268 is great to buy with stoploss 265 below and target should be above 281 and 291