AXIS BANK NSE:​AXISBANK

Short below 600 with SL of 640. Target open

a decisive move above 592 might take the stock towards 599/606 as long as 584 on down side is protected.

Price dropped with momentum from resistance zone.

BOUNCE EXPECTED TOMORROW

reaching target of 648/ 660

Axis Bank showing strenght, now seems to be in uptrend which is confirmed by volume.

Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

AXISBANK break the trend keep watch Retest and then enter the trade...

Short below 605 for Target 590/580/574 with Stop loss at 619

AXISBANK Nearing Resistance area

Axis Bank CMP 564. A falling wedge reversal breakout is due. Potential target 91 pts from CMP. SL 552-546 Disclaimer: This chart is for educational purpose only, views and opinions are welcome

Downtrend

refer chart for details

sell below

AXISBANK Wait for the pullback... Don't enter before Retest Entry zone 551 to 563 TP 527/520/512

AXISBANK Wait for the pullback... Don't enter before Retest Entry zone 551 to 563 TP 527/520/512

Weekly Outlook

In continuation to my earlier publish , a trap occurred right where many had expected a breakout.. that circle is more imp to me now as i look for an opportunity to initiate long !