Axis Bank Limited
Long

AXIS BANK BREAKOUT - Short term view

554
Axis bank has been consolidating in a range for few weeks for now. Now it has closed above the important resistance of 990 which was formed in the week of July and also in the daily time frame it has broken out and retested the support the expanding channel pattern. Axis bank can give a quick move of 30 - 35 pips in the upcoming week. The view becomes invalid if there is a weekly close below 990 in the upcoming weekistantanea.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.