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...
AXISBANK levels marked on chart with daily & H & 15 min chart.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or...
Axis bank is one fo the weeker banks today in the BankNifty pack.
It is in the support area but the buy orders at support area were not sufficient to push the price higher.
We can go long after the first 5 minute candle close above 730.
We can go short after the first 5 minute candle close below 721
