Close above 2245 will make the price to move towards 2290, 2350 and 2420 with the stop loss of 2200.
Buy above 735 with the stop loss of 729 for the targets 741, 746 and 750.
Price action will remain bullish as long as it holds 25100 for the targets 25500, 25720, 25840 and 26000. On the other hand breaking 25100 will make the price to move towards the next support levels 24800, 24600 and 24500.
Price action is nearing the resistance at 788 - 795 level. On sustaining 795, price will moves towards 810, 822 and 830.
Price action has taken support at 10400 and moving up. Targets are 10600, 10660 and 10720. If price cant sustain the resistance at 10600 - 10620 level, it will move towards 10400.
Buy above 940 with the stop loss of 930. Targets are 950, 960 and 970.
Price action is consolidating within the range of 154 - 162 for few days. Any big movement starts with consolidation. Waiting for the break out.
Price action is consolidating inside an ascending triangle. Buy above 275 with the stop loss of 271. Targets are 279, 283 and 287.
Price action is consolidating and moving within the range 10340 - 10400. Sustaining 10400 will make the price to move towards 10460 and 10520. Breaking the support at 10340 will make the price to move towards 10280 ans 10240.
Price action was consolidating and now it is giving break out. Buy above 3060 with the stop loss of 3040. Targets are 3080, 4000 and 4020.
Price action is consolidating inside a triangle and the trend direction will be established in few days.
Price action is moving within the range 620 - 590. It have to break the range to move along with the trend.
The level 530 - 535 is the crucial support zone for Axis bank. On breaking this level, price action will move towards 500.
For the past few days, price action is trending between the range 10610 - 10400. If it breaks 10400, price action will move towards 10320, 10280 and 10240. If price action breaks 10610, it will move towards 10680 and 10720.
Price action is consolidating inside a descending triangle. On breaking 25000, price will move towards 24920, 24840, 24760 and 24680. On the otherhand, if price sustains 25400, then it will move towards 25520, 25680, 25760 and 25820.
Sell below 424 with the stop loss of 429. Targets are 417, 412 and 407.
Price action is consolidating and showing weakness. Sell below 1040 with the stop loss of 1055. Targets are 1025, 1015 and 1000.
Price action is not stabilished yet and I expect it will test the trend line before moving up. People were surprised to see nifty correcting nearly 900 points. But price action formed a clear trend reversal pattern in daily chart. There was no fundamental news for the fall, but the fall was indicated in technicals.