AXISBANK
[Positional] Axis bank buy idea as per support and resistanceThree zones are marked in the chart. Axis bank seems to moving nicely between those zones.
Stock bounced from it's support zone with bullish follow up making Higher High(HH) and Higher low(HL) in daily timeframe .
Swing trade can be taken with Stoploss as previous swing low that is 647.
First target will be resistance -1 that comes at 750-767 levels followed by resistance-2 that is 812-826.
axisbank bullish batlong this stock near 666 for good bounce back also if it goes above 715 without falling we can still see rally.
good luck
AXISBANKPrice Action
Upward Parallel Channel broken
Indicators
Upper Bollinger Band broken
RSI > 60
MACD - Buy Signal
NSE:AXISBANK Trading bullish, Weekly chart updated with levels !NSE:AXISBANK
#NSE:AXISBANK Long levels updated for long term view !!
BOUGHT AXISBANK BREAKOUTBought AxisBAnk Breakout With SL - 704 CLB. Target 810,845.
Breakout In AxisBank After Price And Moving Average Convergence, With Heavy Volume. 3 Times Average Daily Volume.
Axisbank Posted Very Good Results.
Reiterating Buy Call on Axis Bank after Amazing Q3 Result🤩💸🔥Buy Axis Bank for Positional Trading as well as Investment.💸🔥💸
Comment your views😄
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🔥The stock is the best value pick among the major big private banks as it is available approximately at its 6 years old price while its TTM Net Profit is more than the combined Net Profit of 2020 & 2021.
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✔️Both Technically & Fundamentals strong.💪💪
The company recently posted the best Q3 Result.
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‼️ It was in a Retracement Phase from November 2021. Recently it formed a double bottom and had given breakout. Now with volume continuation, we can expect a strong uptrend from here.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
Axis Bank Intraday SetupAxis Bank seems Bearish
and we got some levels to trade.
It may be not work according to me but you can watch as a learning purpose .
I will not be any type of responsible for any loss and profit
BankNifty Future Intraday support and resistances 24/01/2022Expecting good gap up in BNF as ICICIBANK has given wonderful results. If BNF sustains above 37960/38000, we can see more upside in Intraday
If support level of 37480 breaks we can see good downfall in BNF Future, supports are mentioned in the chart
ICICIBANK Intraday support and resistances 24/01/2022 after Q3ICICIBANK has posted exceptional Q3 results and is expected to open gap up on Monday, we can expect to see levels of 820-840 on Gap up, if this gap up sustains we can also see levels of 850/860 Intraday itself,
If there is no gap up, these levels can also act as Intraday Resistances
KOTAKBANK Intraday support and resistances 24/01/2022KOTAK BANK Intraday support and resistances 24/01/2022
HDFCBANK Intraday support and resistances 24/01/2022HDFCBANK intraday support and resistances for Intraday 24/ 01 /2022
Nifty, Banknifty and top stocks analysis for tomorrow + levelsDespite a considerable gap down opening, the indices were able to recover well in the last half an hour. This was largely thanks to stocks like ICICI Bank, HDFC Bank, Reliance, etc. With Reliance earnings announcement scheduled for today, could the markets be ready for a 'dhamaka' on Monday?
AXIS BANK READY TO LAUNCH A very nice inverted Head and shoulder, taking support on previous resistance,all looking good for AXIS BANK. It's time to long.
Simple Trade Setup | AXISBANK | 19-01-2022 [INTRADAY]NSE:AXISBANK
Observations:
1) On 1 day time frame, yesterday it gave closing below 200 DMA and also below neck line of double bottom pattern. Today it gave closing slightly at the neckline range of double bottom pattern. But it has faced resistance from 200DMA.
Please refer below chart : 1day Time Frame.
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Trade Setup for 19-01-2022
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.
AXIS LONGEducation purpose Only, Double Bottom Shown in chart, Buy above 755> t1 770, t2 790+, SL Based on your Risk (Recommended SL below the neck line)
Axis Bank AnalysisAxis Bank - A heavyweight in Bank Nifty and Nifty is taking support at the neckline of W pattern. Axis bank formed a perfect W pattern and then Axis bank is taking support at the neckline of W formed. Moreover we can clearly see the volumes increasing as compared to previous days. This stock can be kept in the Watchlist to gain some profits.
AXIS BANK MID-TERM SWING TRADE! Hi everyone, Axisbank mid term swing trade consider buy above: 722, target: 818, stoploss: 705.
LOGIC BEHIND TRADE: Stock has recently boumved from it`s weekly & daily support and formed (W) pattern stock has given breakout of it`s resistance, buying on pull back is idea. (Target identified from harmonic xabcd pattern level 0.786) stoploss is taken low of neckline candle. RR looks good for mid term swing trade! NSE:AXISBANK
Simple Trade Setup | AXISBANK | 17-01-2022 [INTRADAY]NSE:AXISBANK
Observations:
1) On 1day time frame, we can see that after giving breakout of double bottom pattern neckline, it came back and closed above neckline. From here it has chance to bounce back if the re-test of this breakout gets successful.
And if this neckline is broken then we can see fall as it is already trading below 200DMA.
Please refer below chart : 1day Time Frame.
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Trade Setup for 17-01-2022
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.
INTRADAY TRADING STOCKS - AXIS BANKThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
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Rising Bull💯
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AXIS BANK LONG#AXISBANK looking realy good to go long, It has formed a double bottom pattern and had breaked the neckline & again came to it for a retest. If we see some bullishness then we can easily go for the Buy side with a Target upto 830 in 2/3 weeks....
Today date - 15-01-2022
AXISBANKCMP: 688
640-650 has been an important level.
Taking support at this level.
Ready to go up by 10% and more after consolidation/ pullback.
