AXISBANK | Gann Time and Price Analysis

6 Mar 2021

AXISBANK | Gann Time and Price Analysis

• The stock is trading at an important juncture | Weekly closure near Cube number 729 | Approaching 1st anniversary of 25-Mar-2020 LOW of 286
  
  
• Currently trading near confluence of Cube number 729 and Gann level 724
  
  
• Price broke above Gann 8x1 angle however could not sustain above it | Since 3-Feb-2021, price managed to close below the Gann 8x1 angle resistance baring few trading sessions
  
  
• Bullish possibility : Sustaining above 757 (Gann 8x1 angle) level, heading towards Gann level 836 by 25th March 2021
  
  
• Bearish possibility : Breakdown below 703 | Support levels : 690 / 677 / 664 / 651 / 638 / 625
  
  

10 Mar 2021

Not

Price closed above Gann 8x1 angle resistance.

18 Mar 2021

Not

Back to the Cube.

23 Mar 2021

Not

Approaching 25th March anniversary date.