Axis Bank broken previous resistance 738 to 740 today and it is looking good and bullish. Expecting 800 to 850 levels in this month.
Axisbank weekly S/R levels according to Gann price Square price with the # mark are more important
Axisbank has given good breakdown of 20HMA along with bottom of parallel channel in hourly and apart from theses it has also broken support trendline with good intensity of volume. This stock has fallen below 20DMA which is pegged near 668, Also recent rally ended at RK's Stop line (key level line) near 700. Overall wave structure is suggesting that corrective...
Axis bank has been in the consolidation phase for more than 15 months. Prices fall rapidly after the crossover of 50 & 200 EMA . We can draw two control lines which can be helpful for target measurement. If the price enters into the parallel channel, and after retracement sustains above 680 , traders can trade for the following target of 692 - 714 - 752 ....
Axis bank has formed a double top pattern and a confirmation on the RSI Divergence. All of the markings are as shown on the chart. This is my personal view and for educational purpose only.
Axis bank has given a descending triangle pattern breakout. Though the stock has closed just below the resistance level of 726. The breakout has been confirmed with the volumes. RSI is also showing a bullish divergence on 15 minutes time frame. Levels are mentioned on the chart itself. Wait for the price action confirmation near the levels for entering the trade.
Primary Trend : Bearish (Monthly) Secondary Trend: Bearish (Weekly) Minor Trend : Bearish (Daily) Bearish momentum will continue until it breaks its major RESISTANCE "776" Supports are: 713 / 687 & 663 Resistance : 725 / 735 / 750 / 763 & 776
Axis Bank gave a great upmove and looking strong to Buy is sustains above 755 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Axis bank has given a Double bottom breakout Ascending triangle breakout Above 200 Ma cluster RSI looks good MACD above signal line It is on long time support mentioned in the chart as structure break. On weekly timeframe you can see axis bank giving a simple box breakout and can go beyond the targets mentioned for long swing trades. Buy above - 730 Targets...
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. ------------------------------------- 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...
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...
NSE:AXISBANK Observations: 1) On 1 day time frame, we can see it failed to close above 200DMA and face resistance from it and made bearish spinning top candle. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for 10-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
NSE:AXISBANK Observations: 1) On 1 day time frame, it is near it's big resistance which is 200DMA. If it trades above it then we can see a good upmove. And if it fails to trade above then we can see down move. Positive thing is that, it closed above yesterday's closing. Immediate support is 720 level. Please refer below chart : 1 day Time Frame. 2)...
Axis Bank Futures 08-11-2021 CMP:- 757.00 Uptrend in the hourly chart looks like a double bottom pattern Target 820+
Axis Bank is looking for a good candidate to long above 820 for the upper marked targets. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:AXISBANK Trade Setup for Date 25-10-2021: 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...
NSE:AXISBANK Observations: 1) On 1hr time frame we can see that it took support from the middle trendline of parallel channel. The same channel was already represented in my previous ideas. Now this middle trendline will work as supprot and the upper trendline will work as resistance. Please refer below chart : 1hr Time Frame. 2) On 15 min time...