AXIS BANK LOOKS BULLISH
Axis bank has given a Double bottom breakout
Ascending triangle breakout
Above 200 Ma cluster
RSI looks good
MACD above signal line
It is on long time support mentioned in the chart as structure break.
On weekly timeframe you can see axis bank giving a simple box breakout and can go beyond the targets mentioned for long swing trades.
Buy above - 730
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Ascending triangle breakout
Above 200 Ma cluster
RSI looks good
MACD above signal line
It is on long time support mentioned in the chart as structure break.
On weekly timeframe you can see axis bank giving a simple box breakout and can go beyond the targets mentioned for long swing trades.
Buy above - 730
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Trade closed: target reached
Target 1 hit.Trade closed: target reached
Target 2 reached. GodspeedTrade closed: target reached
All 3 targets hit.Godspeed
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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.
Related publications
Disclaimer
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.