Breakout done at 444 go long it is not breakout support
Axis bank seems to be on good strong trajectory after it has recently filled up the downfall in lesser than the duration of the fall. The recovery not only showed the strength but also builds confidence that the stocks fails to move down even the big red candle with high volume. Stock was able to lift the price beyond it and now is trading in range bound fashion...
Axis Bank Intraday view and levels for 5th of Jun 2020 #axisbank #axisbanklevels #intradayaxisbanklevels #intradaylivetrading
OBV or on balance volume indicator is used for technical analysis to measure buying and selling pressure. - Bullish OBV Divergence occurs when price declines but OBV advances. ..
A breakout in either direction can be anticipated soon. Please keep a check of price action and accordingly take bets.
AXISBANK - GO SHORT @ 453 WITH A SL OF 491 AND A TARGET OF 335. TARGET SHOULD BE ACHIEVED BY 16 JULY 2020
AXIS is in trangle pattern in Daily and also in one hour chart. It will be good bet for intraday as well. The price movements are given in Telleegraam chaaneell UG MARKET.
Axis Bank potential trend reversal is identified...
target 600++ till august end
all levels are given in the chart
axisbank waiting for resistance to break - above this is can shoot upto 405.lets c
AXISBANK has recently touched the mirror level of 384 Now, the down move had begun I had added a short, If got more opportunity I will add more shorts at better price If market open above and starting moving down, more shorts Target will be 365 for short term, intraday