*AXIS BANK* *(Rs 1290)* has been moving in a very good up trend but now cracks are developing. 50 Day EMA (figure below) has been providing strong support and acted as an automatic trendline for the stock, currently 50DEMA stands at Rs 1242. Please read whole post <http://tanmaygopal.blogspot.com/2010/08/axis-bank-shows-bearish-signs.html> http://tanmaygopal.blogspot.com/2010/08/axis-bank-shows-bearish-signs.html
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