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Axis Bank Long position can be created. The following are the technical reasons:
1. Gaining for 4 days in a row
2. Top traded stock for continuous 2 days
3. Top delivered stock for continuous 2 days
4. Unusual Volume happened on 26-11-2015 ( 201% more than the average volume)
5. (RSI, 14) – 59.3
This stock has to be watched.
Please find the attached pdf file for other details.
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