AXITA Cotton for Long TermAXITA Cotton is looking good for a long term perspective, with it repeated good quarters it is looking a good investment for long term. Good Volume is seen on weekly/monthly time frame, if it breaks the box above 30 and great upside possibilities may come. Good to accumulate slowly and remain invested.
Note: Please consult your financial advisor before making any investments.
AXITA trade ideas
AXITA COTTON Best Risk/RewardNSE:AXITA has been sustained above 28 on weekly time frame. This is the best time to take chance for upside movement. Best level to take entry is 29 with stop loss of 21 (-08 points risk). Expected upside target would be 37 (+08) & 48 (+19). This could be 1:2.38 Risk/Reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis/research to take any trade. Thanks.