๐ข Axis Bank Ltd (NSE) โ Swing & Short-Term Trade Analysis ๐ข ๐ Profit from Market Swings with Strategic Trading! ๐ This analysis provides a structured entry-exit strategy based on the Butterfly Pattern and key support-resistance levels.
๐ Swing Trading (1 to 3 Months) โ Short-Term Profit Strategy ๐น Entry Zone โ Above โน995.70 (Confirmation Needed) ๐น Current Price โ โน1,008.95 ๐ ๐น Target 1 โ โน1,094.55 ๐น Target 2 โ โน1,193.15 ๐น Short-Term Target โ โน1,340.40 ๐ ๐น Stop-Loss (SL) โ Below โน933.55 ๐น Risk-Reward Ratio โ Maintain a 1:3 or 1:6 strategy ๐น Market Condition โ Works best if price sustains above entry level
๐ Key Strategy for Swing Traders: โ Enter above โน995.70 to confirm bullish momentum โ Book partial profits at โน1,094.55 and โน1,193.15 โ Adjust SL to break-even once Target 1 is achieved โ Exit fully if trend weakens near key resistance
๐ Key Strategy for Short-Term Holders: โ Accumulate near โน995.70 with a strict SL โ Monitor price movement above โน1,094.55 for momentum โ Hold for 6-12 months for maximum gains โ Reassess position if price falls below โน933.55
๐ป Risk Management โ Bearish Scenario ๐ป Immediate Support โ โน933.55 ๐ป If Breakdown Happens โ Price may test โน834.50 ๐ป Risk Reduction โ Exit early if bearish momentum increases
๐ Risk Management Guidelines: โ Trade with predefined Stop-Loss (SL) โ Avoid overexposure; secure profits systematically โ Stick to entry-exit strategy for risk control
๐ Why This Trade? ๐ โ Clear Buy & Sell Zones โ Reduces uncertainty โ Multiple Targets for Profit-Taking โ Ensures flexibility โ Risk-Controlled Approach โ Minimizes potential losses โ Technical Confirmation โ Based on Butterfly Pattern & Key Levels
๐ข ๐ก Trade Smart, Stay Profitable! ๐ก
โ Important Disclaimer โ
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. ๐ This is not a buy/sell recommendation, just an educational trading idea. ๐ Market conditions can change; always conduct your own research. ๐ Understand risks before investing and take full responsibility for decisions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.