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AXISBANK

#KREBSBIO KREBSBIO #NIFTY BANKNIFTY #NSE #BSE #HDFCBANK #SBIN Krebs Biochemicals And Industries Ltd. NSE:KREBSBIO NSE:KREBSBIO CMP: 175.40 Target: 250+ Time frame: < 6months SL: 148 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:KREBSBIOLong
by Rachit_Sethia
Do You Buy after Good result in a stock? Must See this -AXISBANKSTOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 1- A stock will go up after good result. Reality - A stock may fall big even after very good results. Taking decision based on this information give you no edge and you will loose over long term. Big market picture is always given highest priority and buying/selling decision should be taken on this. Example - AXIS BANK, declared results on 26th October, highest ever quarterly profit. Next day - instead of up move fall of 6%. I too had this misconception earlier so please comment if you too thought same now or at some point of time. :) Learn price action and trade wiser.
NSE:AXISBANK
by NaveenGr
2
Axis Bank Analysis Axis Bank Analysis - 1. Major Support =1st - 700, 2nd - 630. Major Resistance - 800. 2. Past Trend - Was in Uptrend and broke major resistance 800, failed to sustain above it. 3. Current momentum - In down, even after such a big fall from 867 to 714 the bounce was very weak from 714, failed to test even 50% to 800. 4. Overall market - Correction is going on, and i am expecting one more down move in Bank Nifty before we test previous high again. Conclusion - 1. Current momentum is down in Axis bank, overall market is also going through correction, in fact Axis bank is even weaker than market. 2. So my expectation is that Axis bank is more likely to fall and test 700 zone. 3. Momentum in up will be only if it sustains above 770 but this should not be used to go long, use that up move to book profits or exit long position. Trade setups - 1. Short if it sustains below 745. 2. I will not be looking for buying in this as it is very weak, any up move will be sold.
NSE:AXISBANKShort
by NaveenGr
4
AXISBANK: Bullishness aheadAfter a long bullish trend from April 2020, AXISBANK was consolidating in an ascending triangle pattern. It has now broken out of the pattern on closing basis, indicating probable continuation of the original bullish trend. Targets are 855, 905 and 970. A close below 760 should be taken as stop-loss. Disclaimer: This is not a trading recommendation, but is only a predictive analysis for information and follow-up. NEVER trade without a protective stop-loss in place.
NSE:AXISBANKLong
by Kesari-Bath
90 minutes of FTSE backed sell-off spoils the recovery actNIFTY 50 EOD ANALYSIS 27-10-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. The Insights & Observations section carries links to my tweets that were posted during the day related to what I could gather from the markets. O 18295.85 H 18342.05 L 18167.90 C 18210.95 EOD - -57.45 points / -0.31% India VIX = 16.83 / +0.47% SGX Nifty 26-10-21 1845h = +9 points FII DII = -1441 Crores CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty made a higher high and a higher low. Thanks to the weighted average method, Nifty managed to close above 18200. Nifty is highly vulnerable above 18300-325 band and that is triggering intense selling pressure usually after 1400h. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 36 Top 5 Draggers contributed = 83 Net = -47 POSITIVES Nifty could stretch the day high to 18342. Infosys has managed to bounce back and it is only on account of it that Nifty could hold on to the intense selling pressure. SBIN has been weathering the selling pressure well as it gets ready to receive its Q2 results next week. NEGATIVES Axis Bank fell 6%+ and that is what triggered others as well to become nervous. Reliance was looking good but came under intense pressure in the last hour or so. TCS remains subdued despite Infosys taking the lead in bouncing back. Bank Nifty ended well below 41000. TRADING RANGE FOR 28 October 2021 Nifty 17900-950 area is the support base and 18250-300-350-400 would remain as the resistance for now. I am unable to state any levels for Bank Nifty as it finds its ground in the territory above 41000. It is better to wait for the week to end before any level-based conclusions are drawn. INSIGHTS / OBSERVATIONS The insights now come in the form of tweets however Tradingview has not yet permitted me to post links to tweets or videos so I request you to visit my Twitter page or best follow me on Twitter to get updates as and when posted. What do you feel about this? Here is the video link -- Thank you, and Happy Money Making! Umesh 27-10-21 NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
Simple Trade Setup | AXISBANK | 25-10-2021 [ INTRADAY]NSE:AXISBANK Trade Setup for Date 25-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:AXISBANK
by Trading_hawk
2
Simple Trade Setup | AXISBANK | 22-10-2021 [INTRADAY]NSE:AXISBANK Observations: 1) On 1hr time frame we can see that it took support from the middle trendline of parallel channel. The same channel was already represented in my previous ideas. Now this middle trendline will work as supprot and the upper trendline will work as resistance. Please refer below chart : 1hr Time Frame. 2) On 15 min time frame, it has made double bottom pattern. And now it is just below the breakout neckline zone. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 22-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:AXISBANK
by Trading_hawk