Axis Bank has made a lower low, and is at a short term resistance where it faced a sharp intraday sell of on Thursday. If the sell off continues on Monday, there is a good opportunity to short. The stock may see correction towards 400 zones. Will be observing the moment in Monday's trade.
Possible Trade:
Stop Loss at 455.
Target Price: 405.
Possible Trade:
Stop Loss at 455.
Target Price: 405.