Tag Archives: bank Nifty correction

Techncial Analysis:Bank Nifty and Axis Bank

By | March 5, 2012 8:45 am

Axis Bank Axis has formed a DOJI pattern with a close below 20EMA. Supply is coming from upper trendline. Sell below 1144 Tgt 1132,1120 and 1108 Buy above 1174 Tgt 1190,1210 and 1220   Bank Nifty Taking Support at trendline as shown in above chart.Break and close  below 10160 will add to short term bearishness.… Read More »