UZC trade ideas
Axis Bank for Axis Bank has been trading in a parallel channel formed after breakout from the falling wedge post reaching all time high of above 826 with a support of 100 DEMA. 697 forms the immediate breakdown support and 715 as the breakout resistance for intraday on 20th May 2021. Buy above 715 and sell below 697.
AXIS BANK :: BULLISHDATE: 19 MAY 2021
INSTRUMENT: AXISBANK
TREND: BUY
TIME FRAME: day
CMP: 716.80
BUY ABOVE: 725
STOP LOSS: 700
TGT 01: 760
TGT 02: 790
DISCLAIMER:
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