[Positional] Axis bank buy idea as per support and resistance
Three zones are marked in the chart. Axis bank seems to moving nicely between those zones.
Stock bounced from it's support zone with bullish follow up making Higher High(HH) and Higher low(HL) in daily timeframe .
Swing trade can be taken with Stoploss as previous swing low that is 647.
First target will be resistance -1 that comes at 750-767 levels followed by resistance-2 that is 812-826.
Stock bounced from it's support zone with bullish follow up making Higher High(HH) and Higher low(HL) in daily timeframe .
Swing trade can be taken with Stoploss as previous swing low that is 647.
First target will be resistance -1 that comes at 750-767 levels followed by resistance-2 that is 812-826.
Nota
Reached target 1 which was resistance 1. Stoploss trailed at 688
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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.