Axis Bank is trading at PE of 14, below 10 year Historical PE levels of 18. Strong Revenue and Profit growth with consistent loan book growth. With increasing share of Private banks, and slow calibrated shift from Unorganised to Organised, Axis Ban may be poised for some upside here. Keep a close watch. Not an Investment Advice. Only for research purpose.
Stock taking support between 640-610 Levels. Bulls can push prices higher as long as these levels protected
Axisbank weekly S/R levels according to Gann price Square price with the # mark are more important
Axisbank weekly S/R levels according to gann price square price with # mark are more important to watch for
These are the Gann Price Square Levels for the coming Week of Axisbank according to weekly closing of the stock price . where axisbank can take a support on lower levels or face a resistance on upper levels
NSE:AXISBANK file:///home/hulhul/Downloads/AXISBANK_2022-06-19_22-52-50.png
Axis bank is trading near important weekly support and a bounce from current level is on the card. The stock is underperforming and stucked in a wider range.
The stock is trading near support zone and a bound from the current level is possible One can enter when there is any reversal sign.
Long term Investment levels for Axis Bank...💸💵 refer levels in chart...
Stock entering Value Buying Zone. Long Term Investors may start accumulation in this 650-580 Range.
long trade can be initiate in axis bank for the target of 675 to 680 odd levels entry point 657.00 with the Stoploss of 649.90 NOTE :- Let the price come to the buying Zone and observe what price action take place if the price come in the buying zone and after that hourly candle close above the 657 mark than entry point is valid ...otherwise can close below the...
In this Axis Bank 1D time frame, A beautiful Double Top pattern occurs. Currently it's retesting. After Retesting there will be chances to fall. I marked the next resistance level below, can go for shorting.
Consolidating in a range of 200 points. One can accumulate close to support zone for long term investing.
Axisbank has given good breakdown of 20HMA along with bottom of parallel channel in hourly and apart from theses it has also broken support trendline with good intensity of volume. This stock has fallen below 20DMA which is pegged near 668, Also recent rally ended at RK's Stop line (key level line) near 700. Overall wave structure is suggesting that corrective...
Stock in Support Zone - Break of Zone in either direction can result in move towards targets highighted on Chart. Be Cautious on Downside Breakout as sharp reversals can happen
Focus Axis Bank makkale. Long term accumulate panaravanga take a view and also focus for swing and short term with strict stoploss. Still NIFTY is in SELL ON RISE trend,so manage the risk. Thank you for following.
NSE:AXISBANK stock taken support from one of strong support level. target mentioned on trailing basis on chart. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Axis bank has been in the consolidation phase for more than 15 months. Prices fall rapidly after the crossover of 50 & 200 EMA . We can draw two control lines which can be helpful for target measurement. If the price enters into the parallel channel, and after retracement sustains above 680 , traders can trade for the following target of 692 - 714 - 752 ....