Saturday, May 26, 2012

AXIS BANK CHART ANALYSIS






LAST CLOSE 1000


RESISTANCE @ 1014 - 1030 - 1050
SUPPORT @ 951- 922

BULLS NEED TO CLOSE ABOVE 20 SMA @ 1007 FOR ANOTHER UPMOVE.



ASCENDING TRIANGLE PATTERN IN AXIS BANK...HEIGHT 92 POINTS..... IF BREAKOUT HAPPEN .....TARGET MAY BE ......1000 +92 = 1092


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