Axis Bank Short Position Axis bank has formed a Death Crossover on chart i.e 50 and 200 Ema Forming a Crossover leading to Downtrend of the prices . The price after making a lower high taking resistance from 50 EMA and now it is moving towards prev. low swing again and seems like it has weakness and could break trendline . Also there is a news Catalyst which is of Indusind Bank which will also help price to move towards low areas .