Cash Market | A short-term high probability bullish trade in Axis Bank

Axis Bank is breaking out along with other private banks. A short term long trade can be taken here as Bank Nifty may shoot to 30000 in coming sessions.

November 25, 2020 / 08:10 AM IST
(Image: Axis Bank)

(Image: Axis Bank)

Alok Jain

Axis 2511

Axis Bank is breaking out along with other private banks. A short term long trade can be taken here as BankNifty may shoot to 30000 in coming sessions. The stock should be bought above 623 for a short term target of 633/640 with trailing stops starting at 613

 

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Moneycontrol Contributor
first published: Nov 25, 2020 08:07 am

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