akc_trading

AXISBANK : Analysis for Tuesday (3rd July)

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NSE:AXISBANK   AXIS BANK
Verdict:
1) Divergence seen on Thursday followed by Bullish candle on Friday & doji-like today
2) OI of JULY Series is increasing from last 4 days.
3) Highest Option writing on 520 CE Option (1.65 lac)
4) Resistance level @ 519.4
5) Delivery increasing from last 3 days. (Out of
which last 2 days price has increased)

WOULD BE A GOOD BTST.

Expected to move up as market opens on Tuesday
& then fall below Monday's open.
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