Axis bank charts posted last week has now moved the first resistance of 200DMA(473.75). Stock also broke above the trend line resistance and also crossed the previous top of 460. Technical targets of that comes around 510. Meanwhile the stock may face small resistance in the range of 475-485(previous tops). After that 495-515 is the gap level made on 27-28 Oct 2015. MACD also given a positive cross over.
Disclosure: This is not a buy/sell recommendation and further i am not a SEBI certified technical analyst.
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