axis bank looks bullish in short to medium term
Aggiornato
in daily, price broke out with good volume, after consolidating in a horizontal channel, also BB is expanding.
in weekly, after a BB squeeze, price closed above upper BB, and BB is https://expanding.https://in.tradingview.com/x/fxIlBukX/
Also it broke the resistance zone after a long https://consolidation.https://in.tradingview.com/x/RXizbYav/
with a sl - 492, 1st tgt - 565, 2nd tgt - 610.
in weekly, after a BB squeeze, price closed above upper BB, and BB is https://expanding.https://in.tradingview.com/x/fxIlBukX/
Also it broke the resistance zone after a long https://consolidation.https://in.tradingview.com/x/RXizbYav/
with a sl - 492, 1st tgt - 565, 2nd tgt - 610.
Trade chiuso manualmente
it was a false breakout , and price couldn't sustain above channel resistance.
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