MTECHTIPS:- AXISBANK :- AXISBANK is in SELL position Share is in sideways so for short term better buy above 517.0 with stop at 497.45 The AXISBANK is now trading in highly oversold level. The oscillator is showing BUY signal .The short term sell signal is supported by 50 % indicators.
Intraday trend-Buy is advised only above 510.1 with a stop at 499.5 Below 496.6 go for sell and put stop at 507.2 The intraday signal is SELL and it is only supported by 25 % indicators.