AxisBank:
Hourly in downtrend strength above 416 only...
Daily up support at 396 levels...
Keep 396-404 as excellent support for the week...
hourly on SAR is down strength only above 15230 zone...
Hourly in downtrend strength above 416 only...
Daily up support at 396 levels...
Keep 396-404 as excellent support for the week...
hourly on SAR is down strength only above 15230 zone...
For a change, i am going to rely on nos besides indicators.
If Axis closes <311 on EOD, the stock certain to come near its Sup 398 where one can go long with strict s/l close below 398 on eod.
The R/R will be worth the Long
In that case, i see a Rest at 432/466.
The worrying factor is Gap bet 393-400.
But, there is also possibility for it to c 432.
Which will come first?
close < 398, s 390/385
Today, it gave me an opportunity to exit
But what r the levels on which i rely & posted here.
By the way, Justdial took a good beating today.