Axisbank Closing 867.8 with stoploss 855 then targets are 890-920-935.
Buying Reason.
1 --> Price closing above 20 ema and face resistance at 50 EMA.
2 --> RSI is 50.9.
3 --> ADX is show the #Bullish move and +DMI is #Rise.
4 --> #Volume is also show the bullish and above average.
5 --> #Bollinger Bands are open and ready to squezee or come to near Upper Band.
Buying Reason.
1 --> Price closing above 20 ema and face resistance at 50 EMA.
2 --> RSI is 50.9.
3 --> ADX is show the #Bullish move and +DMI is #Rise.
4 --> #Volume is also show the bullish and above average.
5 --> #Bollinger Bands are open and ready to squezee or come to near Upper Band.