Technical Calls:Jubilant Food,ITC and Axis Bank

AXIS Bank

Axis bank took support at its 930 which is 50 SMA and bottom of the channel. Volumes were low on a down day.

Now there are 2 distinct possibility

1. Break 50 SMA and correction till 20 SMA

2. Bounce from channel low and move towards 100 SMA

Buy above 954 Tgt.....

Read the Full Story
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Rgds,
Bramesh
09985711341

http://www.brameshtechanalysis.com/

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