Axis Bank at perfect place! Don't Miss!
If it breaks the channel & started trading downside then there will be a good shorting opportunity...
If market remain bullish on Monday then one can make a Long position at this place with very small SL
- RSI DIVERGENCE : +ve
- TODAY'S DAILY CANDLE CLOSE : Doji candle, AFTER CONTINUOUS SHORT COVERING
- FINALLY AT BREAKOUT LEVEL, A GOOD MOMENTUM CAN BE CAPTURED WITH SMALL SL
HIT LIKE!! FOR MORE NEW IDEAS.
CHECK BELOW LINK: DEEPAK NITRATE AT RETEST LEVEL
- RSI Divergence giving confirmation for upside momentum
- High Volume Buying seen in last 15 min(Today)
- Trendline almost got broken may give breakout tomorrow
Looks good for Intraday or Short term Positional
Retesting breakout level
Looks positive to continue uptrend.
20 MA also supporting in Daily Time Frame.
If it sustain this breakout level, then it can achieve target up to 680 or more in upcoming sessions