CHANNEL BREAKOUT ==> AXIS BANK BUY ABOVE 750 TARGET 1 => 759.50, TARGET 2 => 765.50... SL => 746.80
Notes: Might look at taking a long position if the candle manages to close above 755 intraday. Targets would be 760 and maybe 766 for Swing. Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
WATCHOUT FOR A FALL IN AXIS BANK PROPBABLY COULD END UP IN A FALL
Price breaking the descending channel pattern and nearing the supply zone. If breaks the supply zone then it should reach the previous high.
Notes: Yet another 1% consolidation scrip. The top of the consolidation (766.5) also happens to be a significant level according to historical price patterns. Could be one of the scrips that help BankNifty hit the target. Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you...
AXIS BANK BROKE WITH A STRONG CANDLE A GOOD STOCK TO INVEST ON FOR 40+ UPMOVE IN SHORT TIME
AXISBANK intraday for 30-6-21
Notes: Looking forward to a long position beyond the resistance range right above the pattern, In case that fails, I might look at an alternative short position with the final target around 1.5% from the breakdown levels. Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you...
Levels for Nifty: 15,596, 15,660 ---15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420 --- 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
axis bank chart analysis for intraday and swing trading
Chart is self explanatory, FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS THANKS
Axis Bank Long Symmetrical Triangle Pattern First Target if price respect this pattern TGT- 835 ADD more at 800
In the daily chart, a parallel channel has formed with a Bullish sign.
AXIS BANK breakout and long run is anticipated as pull back from 200 EMA line. levels are mentioned on the charts keep an eye!!!
AXIS BANK HAS GIVEN A BREAKOUT CAN SHOW BULLISH MOVE TRADE ON GIVEN LEVELS
Banking stocks are underperforming for quite some time and I cannot stress enough how bullish they all look right now! The same is with one of the biggest banks in India, AXIS BANK! Respecting the trendline pre coronavirus and on a trajectory to reach its previous ATH