johntradingwick

Axis Bank - Potential Bullish Scenario

Largo
NSE:AXISBANK   AXIS BANK
Axis Bank has been in a clear uptrend for many months. The correction which started in February seems to be over now as the downtrend line has been invalidated. A change in market structure has been observed with the formation of higher high and higher low. RSI has been curving up, supporting the Bullish momentum.

The targets which I am looking at:
Target 1: 772
Target 2: 799

P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

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