AXIS BANK LTDViés de baixa
axis Bank: Selling Pressure with Gradual Buying Opportunities
Topic Statement: Axis Bank faces selling pressure near the 1130 distribution zone, with potential to fall to 1000, a crucial support level.
Key Points:
1. The stock is in the distribution zone around 1130, with repeated testing of this level increasing the risk of a breakdown.
2. A gap at 1060 from April 2024 may be filled soon, indicating further downside.
3. The price is under the 180-day moving average, offering a gradual buying opportunity as it approaches the 1000 support.
Key Points:
1. The stock is in the distribution zone around 1130, with repeated testing of this level increasing the risk of a breakdown.
2. A gap at 1060 from April 2024 may be filled soon, indicating further downside.
3. The price is under the 180-day moving average, offering a gradual buying opportunity as it approaches the 1000 support.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.