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Friday, 24 March 2017

WEEKLY STOCK TIP "SELL LT FUTURE"

AXISBANK GIVEN ON 22 MARCH POST HIT  FINAL TGT 495 MADE HIGH OF 497.15
LOT SIZE: 1200
NOW TOTAL PROFIT: 27960 IN JUST 2 LOT

sell lt below 1555 tgt 1520/1490 sl 1585

The stock is in bull run and is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1555, where one may initiate the short position in it for the targets of 1520/1490 while stop loss can be placed at 1585.All the 22,55 &200 EMA seen on chart as support levels at 1520/1490/1440 with RSI of 60.

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