Axis Bank Long @ Rs. 715
Axis Bank is currently trading at 1 hr demand zone which is also supported by daily and weekly demand zone.
So probability is very high for the price to go high. one can purchase for target of Rs 742.3 with in one trading week.
Outlook: Nifty Bank
Strong Resistance Zone: 30550-30800
Support Zone: 30150-30250
Very Strong Support Zone: 29500-29700
Create a fresh Sell Position:
1. If it will come to 11600 to 11700 range but not able to sustain.
2. If it will not able to sustain above 11550-11650 zone.
tgram at jtradingview