Chart of the week. Techno-Funda pick. Axis bank

3 thg 12, 2023

I started recommending this share since 900. Currently its trading at 1100. Last week it has given a Fibonacci breakout above its 1.6 level. The next major resistance would be around 1500. I love to take trades especially if the company is fundamentally strong. Chart is strong with extremally good RR. A new entrants either keep deep sl or no sl for this trade.

CMP - 1100 (3/12/23)
T - 1500 W
SL - 1035 w