Auroma

AXIS BANK - CMP: 708 Breakaway Gap

Long
NSE:AXISBANK   AXIS BANK
After completing the bearish breakout target of the channel, Price is moving in a channel. It has created a Breakaway gap pattern on the daily chart. It is indicating bull run ahead. Increasing delivery volume also confirming the same. We can expect price movement up to 730/735 in the near term also expect price movement up to 800/820 in the mid-term.

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