AXISBANK
Axis bank seems bullish Axis bank has given a descending triangle pattern breakout.
Though the stock has closed just below the resistance level of 726.
The breakout has been confirmed with the volumes.
RSI is also showing a bullish divergence on 15 minutes time frame.
Levels are mentioned on the chart itself.
Wait for the price action confirmation near the levels for entering the trade.
axis bank14/03 educational purpose only
buy on dips (cmp 712.40)
support at 706.60 / SL below 693
targets 725 / 765
Nifty, Banknifty and top stocks analysis for tomorrow + levelsSeveral key stocks, including HDFC twins, are near or below their pre-COVID highs. In fact, Banknifty has approached the level, too. Could this be a tuning point for the market? What's your view?
Axis Bank Chart Analysis for next weekPrimary Trend : Bearish (Monthly)
Secondary Trend: Bearish (Weekly)
Minor Trend : Bearish (Daily)
Bearish momentum will continue until it breaks its major RESISTANCE "776"
Supports are: 713 / 687 & 663
Resistance : 725 / 735 / 750 / 763 & 776
AxisBank - LongWait for the levels to activate and initiate long position. Bank Nifty is currently at support zone and expect Axis bank to reverse from the marked levels.
Short Axis bankAxisbank is looking week in Daily chart
If you see the structure then seems breaking the support trendline but intraday got some support
If break 725 the expecting 685 and below
725 is crucial zone for Axisbank.
Technical indicators like RSI ROC Vortex is again showing selling sign.
Trade in option hedging that will give you confidence
HDFC BANKHDFC BANK CMP 1371
Head and Shoulders pattern on daily charts
according to technical analysis the stock may see selling pressure in near term
Axis Bank Long SetupAxis reversed from the S1(729.40) level and closed above the Bullish Reversal zone indicating upcoming momentum towards upside in stock till Bearish Reversal(802) & R1(816) price marks. There are multiple support levels for the price, 1st at Bullish Reversal (744), 2nd at S1 (729.40) and last support stands at 714.50 which is also a Bearish breakout zone if stock crosses below this mark then we can see more bearish momentum in upcoming days. We can plan our trade based on these levels, till now we are long on the stock with stoploss below 729.
Intraday Axisbank - 15m Axis bank is showing weakness in upside move from which I am expecting a downside fall, can look for shorting opportunity when there is a breakdown.
On the opposite if there is a breakout and Banknifty also showing signs of bullishness can go for long Entry.
axis bank is back in a range boundaxis bank is back in a range bound
we can see that axis bank is back in a range bound it exited the range 2 times in past but managed to come back
we can surely trust the companyt and invest for secure long term return
AXIS BANK DAILY TIME FRAMEFrom the chart, it can be seen that a clear uptrend is being followed by axis bank.it has also broken its main resistance level (764) .
Also completed the 4th wave ( correction) of Elliot wave theory. So if global market remains good we can see the stock price moving towards a target of 860.
Entry @ 781 ( or 790)
Target = 860
Stop loss = 754
RIsk to reward ratio = 3:1
The above entry is based on my analysis and is for educational purpose only.
use your own analysis and other indicators to enter the trade.
AXIS Bank - Banking stock for positional swingChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AXIS BANK Intraday trading over view #BEARISHThere's a good oppourtunity for sell , details are mentioned in the pic.
long on Axis BankNSE:AXISBANK
almost tried 7-8 times to break zone at which current price is on.
breaking todays high will confirm trend.
waited almost 2-3 weeks for this scenario.
SL will be below the zone
BUY AXIS BANK ABOVE 755Axis Bank gave a great upmove and looking strong to Buy is sustains above 755 for the marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
AXIS BANK LOOKS BULLISHAxis 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.
[Positional] Axis bank buy idea as per support and resistanceThree zones are marked in the chart. Axis bank seems to moving nicely between those zones.
Stock bounced from it's support zone with bullish follow up making Higher High(HH) and Higher low(HL) in daily timeframe .
Swing trade can be taken with Stoploss as previous swing low that is 647.
First target will be resistance -1 that comes at 750-767 levels followed by resistance-2 that is 812-826.
axisbank bullish batlong this stock near 666 for good bounce back also if it goes above 715 without falling we can still see rally.
good luck
AXISBANKPrice Action
Upward Parallel Channel broken
Indicators
Upper Bollinger Band broken
RSI > 60
MACD - Buy Signal
NSE:AXISBANK Trading bullish, Weekly chart updated with levels !NSE:AXISBANK
#NSE:AXISBANK Long levels updated for long term view !!
