📈 Pre-open MTF #PriceAction Analysis by #KRMG (31 Aug)

👉 Stock 1 - #AXISBANK
👉 Sector - BANK
👨🏻‍🏫 Analysis Timeframes - Hourly and 15 min (Intra)

🎯 Commentary - It has shown good strength in Upward direction from 750 Level as per Hourly timeframe and now trading above its important Resistance 765 Level

It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after the opening it continued Upmove and then given very impulsive move near Days High in Second half of Market

Now it has space till 800 Level where currently it is trading near to its SUPPLY ZONE and buy Trade can be taken only if breaks CZ with good volume

🎯 Coming to sectoral pattern - #NiftyBank after giving strong Uptrend and Yesterday it has broken the 36300 Level, now it is trading above to it

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