Reasons To Buy - 1. Increasing volume on daily basis 2. 200 EMA support 3. Double bottom formation at demand zone Buy @ 719-721 SL- 706 Target - T1- 762 T2-812 NSE:AXISBANK
Reasons for trade 1. Short retracement toward major trend line 2.Rsi > 50 will give buying push for bulls. 3.Touch wood towrard 200 ema if sustains above 17825 4. Target 200 ema 5. Stop - 85 points below for buying point