Axis Bank has been bouncing back and forth in the 480 to 525 range, within this range 505 to 515 seems to a tighter range that act as both Strong resistance and Support. RBI Policy may swing it out of this range, Up or Down, we should know.
Long from my side. Buy above 515 for 530 and 545. Stop loss 510.
ZEE entertainment has been in 493 to 530 range for a while occasionally popping above this level up to 550. It hasnt been able to sustain long above the 530 level.
493 and 530 is acting as good support and resistance levels. One can trade whenever it reverses from these levels.