AXISBANK | Gann Time and Price Analysis
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AXISBANK | Gann Time and Price Analysis
- The stock is trading at an important juncture | Weekly closure near Cube number 729 | Approaching 1st anniversary of 25-Mar-2020 LOW of 286
- Currently trading near confluence of Cube number 729 and Gann level 724
- Price broke above Gann 8x1 angle however could not sustain above it | Since 3-Feb-2021, price managed to close below the Gann 8x1 angle resistance baring few trading sessions
- Bullish possibility : Sustaining above 757 (Gann 8x1 angle) level, heading towards Gann level 836 by 25th March 2021
- Bearish possibility : Breakdown below 703 | Support levels : 690 / 677 / 664 / 651 / 638 / 625
Nota
Price closed above Gann 8x1 angle resistance.Nota
Back to the Cube.Nota
Approaching 25th March anniversary date.
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