Uptrend
Probable Uptrend in Axis bankAfter a huge fall from 763 levels in Feb to 284 bottom levels in March, Axis bank is probably heading upwards.
As marked in the chart initially 447 and 487 in later stage would be key levels to look for.
I'm bullish on Axis bank above 447 levels. 487 would be the first target to look for.
IndiaBulls:Pennant Formation- Possible BreakoutIndiabulls is gearing itself for a major breakout.
Price is in consolidation zone after a major uptrend & volume consolidated after a decline.
It has formed a Pennant structure & uptrend will continue once it breakout of the upper trend line.
Major resistance at 235-238 levels.
Entry would be above 238 once it breaks the resistance and upper trendline with heavy volume.
Target: 280
SL: 210
AMARAJABAT | 10 JULHORIZONTAL LINES FOR SELL
FIB LEVELS FOR BUY FROM PREVIOUS CLOSE
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BANKBARODA chance for a slight uptrend BANKBARODA is on its common support resistance position same as in early aprill, there is chance for either uptrend or downtrend,also a chance for a sideways trend. Most probably uptrend since RSI is in between 50-80. Keep waiting and if it cross his point to up, chance for a uptrend or there is chance a downtrend.