Axis bank has formed a bullish engulfing with high volume providing a good confidence. Entry price is top of engulfed at 675. Stoploss would be low of the engulfed candle 617. Considering risk to reward ratio as 1. Target would be 735. It was achieved in 3 days.
Axis Bank – Bullish engulfing
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Stock Analysis
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Bullish View
Bearish View
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