NSE:AXISBANK has convincingly broken the 50 day moving-average preceded by a strong pin-bar. Now the levels near 485 should be watched as it should prove decisive for further trend of the stock.
Will June 2015 be repeated again? 50 EMA crossed 200 EMA, Price went up, but fallen 1000 points... Let's see
Nifty weekly support at MA 150 and 100 for long term
SUN TV has reached its consolidation level, now its time for reversal. Historical Moving Average breakdown supports our view. SHORT @ CURRENT LEVEL TARGET 1 @ 480 TARGET 2 @ 450 TARGET 3 @ 425 SL @ 565