ParamjitMahapatro

axis bank looks bullish in short to medium term

Largo
NSE:AXISBANK   AXIS BANK
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 expanding.
Also it broke the resistance zone after a long consolidation.
with a sl - 492, 1st tgt - 565, 2nd tgt - 610.

Operación cerrada manualmente:
it was a false breakout , and price couldn't sustain above channel resistance.
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