Nifty View
Trend of the Nifty is still bullish. In the last two months, the index faced resistance around 10,985 and reversed the trend towards south. So, it is important for it to surpass the crucial resistance of 10,985 on closing basis. On the downside 10,800 is a strong support, which should be kept as a stop loss in long positions.
Buy AXIS BANK (Rs 730)
Target: Rs 760
Stop loss: Rs 710
The stock has given Symmetrical Triangle breakout on the daily charts and Higher tops and higher bottoms on the daily and weekly charts. Volumes are improving along