READ THHE CHART FOR DETAIL STUDY
Axis bank have multiple support levels to look out Checkout charts for price levels
On breakout trigger buy Any reversal at resistance trigger sell #AxisBank RESULT OVERVIEW: 🟢 Net Income: ₹10,793 Cr (+17% ▲) 🟢 Net NPA: 1.56% (-50 bps ▼) 🔴 Net Profit: -₹1,388 Cr 🔴 CASA: 40.4% (-270 bps ▼) 🟢 Advances: ₹5,59,122 Cr (+15% ▲) 🟢 Deposits: ₹6,14,419 Cr (+17% ▲) 🟢 Balance Sheet: ₹9,15,164 Cr (+14% ▲) 🔸Overall the results look positive as the...
Om Namah Shivay Trying to practice structure on another stock where the structure are expecting to be linear and not complicated. After trying to read so much about market analysis with indicators, algos, fancy things - Tried to go basics. And truly Wyckoff is to the basics without fancy. Trying to learn Support and resistance lines and when support is...
see the chart ,how it is behaving ....
Axis Bank was trading in a rising trend channel. The stock moved within the channel and got rejected within the similar range at around 820 forming a double top. The stock first broke through the rising trend channel support at around 770 and followed it up with a retracement to the support line. The stock then broke below the double top neckline at 760. The...
WHAT YOU THINK ABOUT DIVERGENCE ITS AMAZINE
Stock has been following the green line but the bull market seems to have topped at 650 - 680 band. A strong closing above the Red line may take the stock to 840 980 levels. A consecutive weekly closing below the green line may trigger a huge correction which is not very far off. Will the stock respect the trend this time? Only time will tell...until then lets...
As per forecast in the chart ....seeing good selling pressure
Axis bank doing in weekly chart shorting candidate i think. For education just watch