AxisBank @ Critical LevelWatch AxisBank going towards its target of 515 but it may face resistance from 473, hence it may go down to 430 and then rise. Levels marked will appear with the sustenance of the candle closing above/below the level.
AXISBANK
Axis Bank Short Term Analysis 25/08/20a. Zone: Moderate Bull
b. Resistance 1: 448.40
c. Resistance 2: 451.45
d. Support 1: 439.25
e. Support 2: 434.70
NSE:AXISBANK
Axis Bank (Equity) levels...24/08/2020 (1hr Candle)😊Axis Bank (Equity) levels...24/08/2020 (1hr Candle)
AxisBank Trade!Buy now or stock will not sustain its support and fell then buy @ 345 and target will be 509. You can manage your SL according to your comfort.
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.
Axis At Important levels446-447 levels seems very important levels.
Stock has broken this level, But tomorrow if it opens below the level then we can look for short opportunities.
However if not we can look for the long opportunities in Axisbank.
AXIS BANK-BULLISH CYPHER AXIS BANK is forming an bullish cypher with RSI conformation! wait until it reaches the D point and enter once it reaches bounces from the PRZ zone(green rectangle)
happy trading ;)
Elliot Wave analysis of Axis BankAxis Bank could potentially be in the beginning of the 5th wave according to EVT. Trade at your own risk!
Sell at 448 with SL 456.5 targer 440 , 436Axis bank can be shorted at 448 with technical support at 450
also highest call writing can be seen at 450 which increases the probability of correction in the stock
AXIS BANKIt is on the verge of an Inverse Head & Shoulder Breakout at 445. It could rise till 475-490 (with minor resistance at 455-460 - island reversal zone) as long as it does not breach 435
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.
