AXIS BANK
Technical chart of AXIS bank indicates that it is witnessing selling pressure from 20 DMA, this indicates bears will be favoured as long as it trades below.
Technical chart no 2 indicates that stock is finding strong trend line support around 445, once it closes and holds below 445 then further price falls can be seen in coming days.
Weekly chart of AXIS bank indicates that it is finding strong trend line support at current levels, once it closes and holds below its trend line then short term trend looks weak.
Intraday stock looks weak on 11th December 2015, once stock holds below 445, if it holds below then it will find support around 441.50, 440. S.L 447.50.
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