[POSITIONSL] AXISBANK LONG IDEA

AXISBANK is currently trading at a big resistance zone that is trying to break it. This Resistance zone has touched 5-6 times in the past but could not breach it.

If AXISBANK breaks this resistance zone it is a very good candidate to go long for target of 1000-1100s .

Entry :- 825

SL :- 722 (Last swing low)

Target :- 1022

Please Note:- AXISBANK is almost at ATH also the overall markets (NF/BNF ) are near ATH. So there is a chance of correction, pullback even after the break of this zone (due to overall market conditions ) so we have to be cautious. We will wait for the closing Above entry point for two days before taking this trade.