Axis Bank (NSE cash)
LTP: 694.70
Support: 693.80
Resistance: 700.45
Daily charts (long term)
The candle has taken support on the 20 DEMA.
There is a clear uptrend since 22nd April
MACD is neutral because it is trading the bear zone but has green bars and there's a reversal as well.
RSI too is trading above 50 which is a good sign.
***Bullish
Hourly charts (medium term)
the candles have taken support on the 20 DEMA here as well.
RSI is making a bullish pattern called the rounded bottom. We can see a breakout once this pattern is completed.
MACD is in a correction mode in the bull zone.
***Bullish
15m charts (short term)
Bullish engulging pattern along with a confirmation candle can be seen.
MACD has a bullish reversal.
RSI is in an uptrend heading towards breaking the 50 mark.
***Buy for a short term target of 710 / 715
LTP: 694.70
Support: 693.80
Resistance: 700.45
Daily charts (long term)
The candle has taken support on the 20 DEMA.
There is a clear uptrend since 22nd April
MACD is neutral because it is trading the bear zone but has green bars and there's a reversal as well.
RSI too is trading above 50 which is a good sign.
***Bullish
Hourly charts (medium term)
the candles have taken support on the 20 DEMA here as well.
RSI is making a bullish pattern called the rounded bottom. We can see a breakout once this pattern is completed.
MACD is in a correction mode in the bull zone.
***Bullish
15m charts (short term)
Bullish engulging pattern along with a confirmation candle can be seen.
MACD has a bullish reversal.
RSI is in an uptrend heading towards breaking the 50 mark.
***Buy for a short term target of 710 / 715
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.