This Trade is derived on Probability basis; Do Not Risk more than 3% of your Principal amount;
AXIS BANK HOURLY TARGETS SELL IF BREAKS SUPPORT 452.6
axis bank breakout possibility. level are given in the chart follow for more trade step
See description above. Regards
446-447 levels seems very important levels. Stock has broken this level, But tomorrow if it opens below the level then we can look for short opportunities. However if not we can look for the long opportunities in Axisbank.
This is the chart of BANKNIFTY nearing a resistance zone. If BANKNIFTY goes above resistance of 21950 , a major move to the next resistance can be kept as target at 23150 . Another important point to be noted is a lot of bank stocks are NR7 candidate indicating a power move in the next trading day. Keep Bank Stocks in your Watchlist for Monday 10 Aug...
Axis bank has been in a downtrend for 3 weeks mainly due to the RESULTS it announced on 21 July. The level it is now had been tested multiple times. So it can be expected to MOVE UPWARDS . But keep in mind the possibilty it has to further move down . So please wait and watch till it indicates a clear up trend. An important point to look is bank nifty....
As per Technical Analysis, Axis Bank in One Day Chart Pattern has made an ascending triangular pattern and on 22/07/2020 has a breakout above the upper trend line. Projecting a Target of 580 in next 30-35 days.
From the last few trading sessions it is observed that AXISBANK was trading in a range and forming triangle pattern between the resistance and support levels. Green trend line is acting as a strong resistance shown by green dots and one could enter long if that trend line is breached and axisbank moves above 441. Similarly, lower red trend line is acting as a...
Moving in a trend, place your targets and stop loss according to support and resistance drawn.
Trade the trend in axis bank, place your targets and stop losses according to the support and resistance lines drawn.
Place strict stop-loss at 425 and take long position with caution. Don't trade if it accumulates or has less volume.
I hope you can now see how the AxisBank represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
Hey Guys, If anyone has taken the trade that I posted some week ago, please trail the stop loss to the entry point to trail it according to your Trading Plan. Thanks. Please reach out to my blog - Profitary.in
I have added all the details in this picture , please comment any doubts if you have here.
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
AXIS BANK looks weak now, expecting target 410 soon and if fails that levels to hold then hold for short target 380/-