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Religare Super Ideas
Axis Bank Limited (AXISBANK)
AXISBANK has surged strongly today i.e. on 20 May, after testing it crucial support of 100 EMA on daily chart and made a new record high at 790.65. Considering the buoyancy of banking index combined its chart formation, we’ve clear signal of steady up move ahead. We advise creating fresh longs positions in the given range through call option.
BUY 800 CE Axis Bank Limited @ 14-16 Stop Loss 9 Target 30 CMP 17
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