Axis bank at Possible support ?Axis bank has historically using inclining trend line as a support
every consolidation period has been using a declining trend line support as can be seen on 1,2 & 3 scenarios
also RSI divergence is found in 1&2
this could repeat the same and head for a new all time high as it has done previousl
axis bank NSE:AXISBANK1!
completed shark harmonic pattern
buy above only 846 add more 824 closing sl 814 below target will 884-895-907
then this is area to check 5-0 harmonic pattern conditions
if reversal candle ,sign, seen in this area then will retest for double bottom (820-817)
if no reversal sign see
AXISBANK Fresh BreakoutAxis Bank has Seen fresh breakout of Consolidation I am Buying Axis bank Future August around CMP 742 with Stoploss of 729 And Targets Expected are 772
Reason To Buy Axis bank:
# Ascending Triangle Pattern Breakout
# Bank Sector & Pvt Banking Looking Bullish
# Stock Trading above 20,50,100,200 EMA
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