A similar trend can be observed in Axis Bank's price chart, with the stock forming an ascending triangle pattern and experiencing a breakout and retest of its previous resistance level. If Axis Bank's stock manages to break above its first resistance level, it could potentially continue the upward momentum, in line with the bullish trend observed in BankNifty. Traders and investors may want to monitor the stock's price action and volume levels for any potential trading opportunities.
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