MTECHTIPS:- AXISBANK:- AXISBANK is in HOLD LONG position Share is in sideways and sellers was at high so for short term better buy above 571.8 or hold with stop at 544.0 The next resistance will be at 569.8 The oscillator is showing SELL signal.The short term buy signal is supported by 50 % indicators.
Intraday trend-Buy is advised only above 571.8 with a stop at 561.8 Below 559.2 go for sell and put stop at 569.2 The intraday signal is BUY and it is supported by 68 % indicators.