400 is going to be a horizontal support, neckline support and channel support.., Go long from here with a room of another 10 point fall.., if this neck line broken and if holds below 395, further fall to 325 possible as the head height is more than 80 points.., If upward rising channel is true, if holds 400, channel top possible again which is close to 500..,
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As expected Axis bounced from channel support.., If closes above 420, further upside possible