Axis bank spot cmp 985 Weekly time frame Wolf wave + elliot wave study. Elliot wave :- counter is trading in sub wave (v) of major wave 5 , where after motive phase gets terminated. Price wise levels of 1015-1035 would act as a range where wave (v) could mature. Ascending trend line resistance of wedge structure confluence around same levels. Rsi in this last...
A follow up on the idea . The stock broke the descending channel which is already mentioned in the previous chart and took support around the 50 % of the Fib levels with good volume and rejected . I have added parallel channel to have a clear view so the stock is still inside the channel . The Support / Demand zones stays the same (800/820/840) where as...
Stock gives breakout of Rounding Bottom on daily timeframe and price retested the resistance. Now this stock has the higher chances of moving upwards. CMP :973 Target : 1040 Stoploss : 947 This is not a buy or sell call, this analysis is shared for educational purpose.
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Rising Channel 📌 Symbol/Asset: AXIS BANK 🔍 Description: Moment Stock with Strong Support 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Axis Bank technical chart analysis Strong support zone is 845-822 Strong resistance zone is 1000-965 Impulse wave Impulse wave has completed (1-5) on daily basis. Wave 1 & wave 5 are equally. Wave 3 is longest wave. Wave 2 taken less time as compare as wave 4 ( in corrective pattern). Corrective wave Corrective wave is pending & expect it may flat or zigzag...
Axis bank breakingout from rounding bottom weekly basis looking good for mid to long term trading at ATH above 20 ema should wait for retest educational idea only
NSE:AXISBANK we got a breakout of the daily resistance, then a positive retest of the one. bull case is on the table.
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If...
AXIS Bank Looking good on Daily charts possibly completing Cup Pattern which bring targets 7-8% in next 1 Months. Further CUP Pattern Breakout can Open Room for more upside on stock with targets 10-15% upside in next Quarter after breakout. Happy Investing.
Axis bank is making a flat pattern at hourly time frame overall stock is moving upside with slow pace, it will break the top and continue upside with more corrections because of its overall behavior, so take profit or move stops at that level.
Axis bank 15 min timeframe w pattern daate 24 may time 12:45 ypu can take some risk it might be agood trade r:r 1:4
Go Long or Buy shares. SL,TP and ENTRY is on chart. Follow for upcoming trading apportunity..
Buy Axis Bank for a target of 900 in one or two week.
Pattern on this scrip is looking strong and there is a possibility of breakout.. Keep this in radar
Axis bank can give 10% ROI in next 20-30 days. Soon we can see ATH on AXIS bank.
Axis bank is moving in a Parallel channel in a daily TF. breakdown can lead it to fall below 830.
AXIS Bank is at a good level to buy. You can start with small quantity and further increase quantity after a bullish confirmation. The three possibilities are marked in the chart. A good stock to keep on your watchlist. The only downside is the volumes, they are indicating a short position, please trade with proper risk management
Triple Bottom Formed and Demand Zone Tested. Buy Axis Bank @ 828 SL Below 815 Target 870, 900.