axis bank looks bullish in short to medium term
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.
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.
交易手动结束:
it was a false breakout , and price couldn't sustain above channel resistance.