Bearish reversal pattern but banks have been in rally news based due to budget announcement on 01 FEB Strong breakout above 1 could push the price high to 810+ Trade the levels All the best..!
AXIS Bank support & resistance levels on 07/02/2021 Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Axis Bank is in a strong resistance zone. Although it is in a strong uptrend, I will wait until breaks and sustains above the resistance zone. (Price Range: 711 - 764)
Axis Bank: Preferably Z and alternately ZA done at top (one minor high possible as internal C5). Sell the rise positional..
Axis Bank will move upside for targets of 720 --> following the fib sequence Strategy recommended: 1.--> Buy at cmp --> then at each 5% drop 2---> Target at 1.10 CMP
Refer below link for setup
Buy Axis Bank in the zone of 695-675 with sl below 615 for target of 850 Disc : it's not an investment advice to buy or sell
635 Level was Resistance breakout took place and was retested again Now a Big Bullish candle formed showing Demand is there. At top 758 level has Resistance
Note: This is for educational purpose only. There seems to be bullish bounce back from 50 EMA (acting as dynamic support), 61.8% Fibonacci level and last swing low with good volume. Similar pattern can be seen in RSI as well.
Axis bank DAY chart down trend
axis bank break the trend its rally up to 606
AXISBANK gives excellent breakout from previous RESISTANCE levels, can touch 800+ in coming days. BUY in the range of 670-680 Target 1 - 742.05 Target 2 - 767.70 Target 3 - 889.90 Target 4 - 1012.70 Stoploss - 634
Price forming a disjoint channel pattern and trading near the strong support level. Risk takers can enter the market long with tight stop loss below the support level with buffer. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated! You can comment any of the script, I will...
AXIS BANK 1ST TARGET 662.40 2ND TARGET 673.70 3RD TARGET 688.15 STOP LOSS 638.95
Axis bank is in an important level zone' Take advantage of this level. Disclaimer:- Just for educational purpose only