Mambotrade

Axis bank seems bullish

NSE:AXISBANK   AXIS BANK
Axis bank has given a descending triangle pattern breakout.
Though the stock has closed just below the resistance level of 726.

The breakout has been confirmed with the volumes.

RSI is also showing a bullish divergence on 15 minutes time frame.

Levels are mentioned on the chart itself.

Wait for the price action confirmation near the levels for entering the trade.

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