Axis bank - Triangle breakout - long tradeAxis bank - on verge of triangle breakout - wait for breakout with volumes
Current Price - 615.5
Entry - Above 618.5
stop loss - 602.5
Target 1 -639, Target 2 - 664
AXISBANK
AXISBANK whole banking sector is super bullish.NSE:AXISBANK
whole banking sector is super bullish and volume is too high so we will go for long as soon as our level will come with proper stop loss
AXISBANK LONGDEAR TRADERZ,
After a 2 weeks consolidation Axis bank is set to break out, and we are going to see a rally towards 649 & 669 position and swing with a stop @600. This is absolutely swing and positional it can be achieved by next week or it takes time till this expiry. But overall its Bullish. Always trade with proper hedge, to minimize your loss suppose your stop loss hits. stopl loss also positional basis on daily close.
AXISBANKBuy after breakout,
TGT: 700
SL: 600
BUY @ CMP- 620
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PAYtm: 7908088509 (no call)
Axis Bank EducationEducation only
No Buy Sell Suggestion.
CMP 615
Support 596-619.
Blue lines are T
Trendline BO good.
READY FOR MOVE AXIS BANK IS READY FOR MOVE ! KEEP IT IN YOUR WATCH LIST, FOLLOW FOR REGULAR ANALYSIS.
Axis Bank - Intra Idea - Watch out important levels#axisbank intraday idea...All levels on chart... Watch out for 613 - it is a strong resistance on weekly TF. if crosses, then it can be a rocket move.
Also for downside, watch out for levels 600 and 595. Below these levels there is more pain.
AXIS BANK LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
620-622 CAN ACT AS GOOD RESISTANCE; SELL IF THE STOCK IS NOT ABLE TO BRREAK THE LEVEL WITH VOLUME
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING
Triangle and head & shoulder patternNSE:AXISBANK has formed head and shoulder pattern in triangle. Likely to give a breakout.
AXIS BANK intraday 30-Nov-2020In higher timeframe - Chart pattern breakout, Hoping it will come down for correction and go for long
In lowertime frame - Triangle pattern - if market goes up using FIB extension assume the target area
If it cross Fib 0.6 level - look at the candlestick in even lowertimeframe like 5 min to confirm the move as expected side. Then enter trade put stop loss below fib area or candlestick low
same for other direction (vice-versa)
