AXISBANK
AxisBank LongI hope you can now see how Axisbank represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Probable Uptrend in Axis bankAfter a huge fall from 763 levels in Feb to 284 bottom levels in March, Axis bank is probably heading upwards.
As marked in the chart initially 447 and 487 in later stage would be key levels to look for.
I'm bullish on Axis bank above 447 levels. 487 would be the first target to look for.
Good buying opportunity in DBLDBL is making similar pattern like Axis bank-
EMA 20 Daily+weekly support
Daily demand zone
Harmonic pattern
Trend line support
Higher highs formation
Immediate target should be 320, if sustains and break the trend line on the upper side we can see 360 levels.
Company is one of the big player in road construction.
PE is 9.25
Industry PE-14.6
currently undervalued stock.
AXIS BANK & DMART Analysis and trading setup |hindiHi guys this is Trader Kanishk
this is the Analysis for DMART & AXIS BANK
Points discussed in the video:
Why to go long
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Axis Bank ViewOn Monday, a Gap up in Banknifty and price hold level 335 for some movements can trigger good buying in Axis Bank. Support and Resistance area placed in the chart. Only this scenario to buy otherwise trade cancel. let's see, what happens in Axis Bank!
Disclaimer:- your capital at risk. Consult your financial advisor before do anything and do own analysis research.