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IIT-Trader
May 23, 2023 2:32 PM

AXISBANK--Breakout Range (Supply)?? 

AXIS BANKNSE

Description

Observations::
In my last view about AXISBANK, broken the trendline and continue fall or rise happens.
Now clearly the rise happens from these levels 870.

Resistance @ 935-940 range.
now The stock price is at Supply zone, price is in range from last 1 week, it will not test the supply zone.
consolidation to fake breakout may happens at this level, keep watch this level.
If price breaks 910 range, observe some fall price reach to 850-860 range.
We have a great support lies in the range 850-860 range.
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