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MTECHTIPS:-  AXISBANK:-     AXISBANK is in HOLD LONG position Share has crossed the 5 day high so for short term better buy above 559.2 with stop at 481.25 The AXISBANK is now trading in highly oversold level. The oscillator is showing BUY signal .The short term buy signal is supported by 75 % indicators.
Intraday trend-Buy above 559.2 and keep stop below 519.2 Target is 578.2 next 609.7 Below 500.3 trend reversal can occur and next level is 469 The intraday signal is BUY and it is supported by 88 % indicators.