Axis Bank Clear cut break Down on 4th may 2020

4 mag 2020

Axis Bank Clear cut break Down on 4th may 2020. Even the market had touched the new high of 9850 Axis bank didnt move significantly. which indicated that investors are not willing to enter the stock at currnet level. check the levels of support and resistance in chart
XISBANK 28May2020 Add to Watchlist

An increase in open interest along with a decrease in price mostly indicates short positions being built up, except for very strong stocks where some traders may buy the stock on declines
May 04, 15:30
406.20-39.30 (-8.82%)
BSE: 532215 | NSE: AXISBANK | ISIN: INE238A01034
Open Price 423.25
High Price 424.40
Low Price 398.55
Prev. Close 445.50
Spot Price 402.80
Open Int PCR 0.58
Prev OI PCR 0.61
Bid Price 406.00
Bid Qty 1,200
Rollover % 1.33%
Average Price 410.06
No. of Contracts Traded 27,514
Turnover (Rs. in lakhs) 135,388.69
Market Lot 1200
Open Interest 48,414,000
Open Int. Chg 1,624,800
Open Int. Chg % 3.47
Offer Price 406.25
Offer Qty 2,400
Rollover Cost 1.80