Neat & Clean breakout seen in Axis BankProper Neat & Clean Breakout seen in Axis bank, Price is above 200 Daily EMA. RSI and MACD both showing a positive reversal in price. Chances are very very high we can see Axis Bank 915+ levels. So accumulate here at current price 880 and go for target which i placed on Chart.
Please follow strict stop loss.
For option lover:-
Buy Axisbank May 800 Put option at 3.4
&
Sale Axisbank May 900 Put at 32
stop loss 65
Chances are very high we can reach target till first week of may month.
Please use proper stop loss to long this trade.
Optionlover
Long Nifty from current levels :: BTST TradeNifty has taken support in lower ra @nge on friday and today after opening in gap up profit booking seen. But as of now it has not broken out down support range so chances are high we can see a pull back from here which can take nifty towards 17800+ levels. Right now it trading at 17624 so if anyone can ready to take little risk of 100 points from here then this could be best trade to ride for upside. If anyone wants to go long can go with given levels on chart but trade carefully and use proper given stop loss.
For option lover i have a trade:-
it is bulls spread trade because i am expecting a sharp move till expiry, I will recommend everyone to hold this trade till expiry or when you get stop loss
So,
Buy 27Apr 17600 Ce at 96
and sale17800 Ce at 17
Stop loss for this trade 17600 strike if it reached 40 sale it.
Trade Carefully
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