Technical Calls:Jubilant Food,ITC and Axis Bank
AXIS Bank
Axis bank took support at its 930 which is 50 SMA and bottom of the channel. Volumes were low on a down day.
Now there are 2 distinct possibility
1. Break 50 SMA and correction till 20 SMA
2. Bounce from channel low and move towards 100 SMA
Buy above 954 Tgt.....
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posted by Bramesh at
9:50 AM
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