Stock Analysis of Axis Bank
Price - ₹468.05 Dt. - 09-10-2020
The stock has broken the trendline and given the close above that. Price was facing the resistance from the last 4 sessions but today with higher than average volume the price was able to give close above the trendline. Now the price has entered in the triangle and can give breakout in a few sessions. 21DEMA has crossed the 50DEMA which is also a buy sign. RSI is neutral.
The stock has broken the trendline and given the close above that. Price was facing the resistance from the last 4 sessions but today with higher than average volume the price was able to give close above the trendline. Now the price has entered in the triangle and can give breakout in a few sessions. 21DEMA has crossed the 50DEMA which is also a buy sign. RSI is neutral.
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