IIT-Trader

AXISBANK-Resumes Uptrend or Reversal???

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IIT-Trader Uppdaterad   
NSE:AXISBANK   AXIS BANK
AXISBANK-Observations:
------>Stock trending upwards
-------> Broken Trendline retest is needed.
-------->If this is a false breakdown the trend will continue moving upwards again.
--------->we have a great supports build at 830-850 levels.
---------> Previous strong demand Zone may act as Resistance and pushes the price towards downside, careful at 905-910 range.
--------->keep on buyside we have a chance to enter long until it breaks 830-850 range.
Trade stängt manuellt:
BANKNIFTY at its supply zone, dragging all the banking stocks.

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