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AXISBANK

17th Oct ’23 - BankNifty still neutral till 44650 - PostMortemBankNifty Analysis BankNifty also had a similar chart pattern as of Nifty50. A gap-up open of 345pts ~ 0.78% and then a steady period till 13.20. Fell 208pts ~ 0.47% in 50mts and then recovered for close. HDFCBK did quite well even after the declaration of the results. The gap-up on hdfcbank was the main reason both Nifty and BankNifty had an unusual start. In fact HDFCBANK had a similar chart as that of BN as well as N50, except for the period 13.20 to 14.10 wherein HDFCBK fell only 0.38%. The fall in Kotak, ICICI, AXIS were quite strong in that period - is it telling us something? Yesterday also we decided to go with a neutral stance, today we are sticking by that again. Despite the gap-up today we were not able to break through the 44650 zone i.e. above the double top level. For bullish momentum to pick up, the only thing BN has to do is negate the double-top zone. If we are falling, the level to watch out for is 44068.
NSE:BANKNIFTY
by viswaram
Banknifty Intraday Trade 👑🤑💲✔👑Royal Trade👑 BANK NIFTY IMPORTANT LEVEL WE BUY CALL AND TARGET LEVEL IN VIDEO 45869 // 45788 // 45734 // 45613 // 45558 // 45488 // 45292 // 45158 // 44901 // 44796 // 55561 // 44410 This is only level we upload new idea in morning 9.30 Buy when Market Break The support or Resistance and wait for the closing and set stop loss at the last opening of the candle. NOTE #We Are Not Promote Anything #This channel Purpose to share market ideas. Thanks for Watching🙏
NSE:BANKNIFTY
by Optionclub
UNIONBANKWait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
NSE:UNIONBANKLong
by Rvkachhadiya
Karur Vysya: FlaG BOA bullish flag breakout has been confirmed on the weekly chart of NSE:KARURVYSYA . One can crete a fresh position at around 130 with a stop loss oof Rs. 120 fopr ther targets of rs 140/150/160......Enjoy the Moneyrain guys...... Exit the position if the stop loss is triggered on WCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY... Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:KARURVYSYALong
by raigvivek
25 Jul ’23 Post Mortem on BankNifty - Start of a bearish trend?Banknifty’s movement today has given a slight hope for the bears to sharpen their claws. Primarily it breached the 45850-45830 levels thrice today in the 5mts candle. I did mention in the report yesterday that I wish to go short if the 45830 levels are taken out. The reversal of 308pts from 13.40 to 14.55 would have tested the bear’s conviction level, but the price action if read as a whole is much more encouraging. In fact banknifty fell 1.15% ~ 532pts and the recovery was only 0.68%~ 308pts (A bit less than the 61.8% Fibonacci levels). Whereas Nifty50 and FinNifty recovered almost 90%. Nifty was already in a bearish trend, so the move on banknifty is definitely suggesting further reinforcements towards the south direction. HDFCBK was putting up a rocky vs apollo creed fight today, untiring & unbeatable. This lone wolf was responsible for preventing deep cuts. ICICI Bank was toggling between green and red and finally settled in green. Axis bank had a good recovery in the 13.40 to 14.55 period - but still ended in red. And Kotak was just continuing from the trend yesterday. I would prefer to go short on banknifty unless the 46000 level is taken out with momentum. ... Please comment with your feedback & suggestions - I will use that to improve my services! viswaram. com
NSE:BANKNIFTYShort
by viswaram
2
Shift in trend structure: HH & HL to LH & LL formation|AXISBANKNSE:AXISBANK Axis bank 1 hour chart is forming higher highs and higher low but now after formation of 2 highs at a same level at 990 the price has tried to break the level 3rd time and it has formed a lower high so now one condition is fulfilled and we need a 2nd condition which is form a lower low and that will be created after the price breaks below 953 Neckline. All the important levels and full analysis is mentioned on chart. The above information is for educational purposes only, Before acting on any investment idea please do your own analysis and follow proper risk to reward. I Hope you found this helpful. Please like and comment. Keep Learning, Happy Trading!
NSE:AXISBANKShort
by SANJAYPATIDAR_
2