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How To Trade : Axis Bank, Kotak Bank, ONGC and BDL



Axis Bank

Stock is looking weak on charts and can test 700 to 690-80 in coming days where a major trendline support exists. Below 680 next support exists around 640-35. Trade long only if sustains above 725.





BDL : 
Stock is looking good on daily as well as weekly charts. Add with sl 390 for initial targets of 455-60 and above that 505-60-90 in coming weeks. Best entry above 433. 




ONGC 
Stock is trading in a downword channel and currently hovering around bottom of the  trading range. Stock has resistance around 119-21 above that a big move is expected, while below 112 next support range is 102-97.



Kotak Bank 
Stock is getting support Near 1630, add above 1657 for short term target of 1680-1705-35