AXIS BANK - 26 APR 2021 - INTRADAY PLANAXIS BANK - 26 APR 2021 - INTRADAY PLAN
Good volumes on the buying side. I am bullish for monday 26 Apr 2021
AXISBANK
AXIS BANK
If break out occurs then take long position on aily chart basis. Profit targets and Buy Stop position explained in that image
AXIS BANK fresh breakout from a channelAxis bank gave a fresh breakout of a channel on a daily time frame. Can come back and retest this channel and then will begin the uptrend.
Axis Bank Double bottomAxis Bank at good support and made double bottom, Stock may touch the levels mentioned in the chart.
The double bottom looks like the letter "W". The twice-touched low is considered a support level.
The double bottom pattern always follows a major or minor downtrend in a particular security, and signals the reversal and the beginning of a potential uptrend.
Axis Bank likely headed to 700Axis bank looks like it may take a head and shoulder pattern. If this prediction holds true, we are likely to see Axis bank reach 700 before any divergence.
High Probability Trade 💵Logic and levels well explained in the chart. (Ghost feed used for future projection
Note-This is my personal view,
Please do comment if you like my Analysis or you have any suggestion for me. Thx :)
(Intraday) Ascending Triangle Breakout @ AxisBank
1. Ascending Triangle Breakout Happened on 30M Chart of Axis Bank.
2. Buy above 716 Target : 724 , 728 SL: 710
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Axisbank in a good risk reward setupAxisbank taking support at the lower end of the channel. Last time channel breakout on the upper side failed. Now it is taking support at the lower end of the channel with a long stick. Planning to take trade on upside with SL @ 695 (or lower end of channel for safe traders) for a first target of 775 to 800.
Triangle breakout ... setupAxis bank after quiet in consolidation gives an impulsive move ..but still not that strong for long.
Keep this on watch if it shows further moment can trade as per setups.
Risk management is the key.
Never fear Never greed.
IDFCFIRST BANK POSITIONAL TRADE ANALYSISIDFCFIRST BANK BUY ABOVE 58 SL 55 TARGET 61-64-69, CAN ALSO BUY APRIL 60CE/62CE
AXIS BANKExpecting to accumulate before breaking EMA band before heading higher
Break should be with High volume with low volume pullback
Axis Bank - Descending triangle after run up - Buy @726Buy axis bank at the bottom of the pattern for small sl and big target. There is very less chance that this stock will fall below the pattern support. Banks are looking strong after this correction and as infra projects will be starting so more lendering is expected. Therefore no sign of bearness in this stock.
Target 824
Sl 700
