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...
NSE:AXISBANK Observations: 1) On 1 day time frame, it is taking support from 21DMA. Currently 21 DMA is placed at 789.68 level. From OI data, We can establish that immediate resistance is at 810 and major resistance is at 820 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see that it is in parallel channel support...
NSE:AXISBANK Observations: 1) On 1hr time frame, if you remember it has been taking support from parallel channle, as I had explained in my previous post about AXISBANK trade setup, so it has been still in that support channel. I will put that previous tradesetup of axis bank so that you can refer that channel again. It has taken and bounce back from the...
NSE:AXISBANK Observations: 1) On Daily Time Frame, we can see that it is still getting support from the parallel channel. Today it got support from the middle line of parallel channel. Please refer below chart : Daily Time Frame. ------------------------------------- Trade Setup for Date 29-09-2021: 1) Don't Jump in to trade at the beginning of...
EXPLANATION : This is a 15 min time frame chart of AXISBANK , It has formed Inverted Cup & Handle pattern // Swing Pattern . If give a strong breakdown and broke its demand zone with high volumes and retest the same , I am bearish on AXISBANK . Super setup in AXISBANK Fixed range volume profile // Inverted cup & handle pattern // Swing pattern // Supertrend...
Axis Bank Futures CMP: 796.85 SL below 785.00 Targets: 805 / 810 / 815 STT
Weekly & in Daily TF Axis Bank Seems like Inverse Head & Shoulder (Bullish) Pattern 1.Inverse Head& Shoulders Pattern 2.Making Higher highs in Day Frame 3. Took Recent Support Exactly at Zone Where left Shoulder took Support 4. We can expect Tgt Around 920 *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only...
NSE:AXISBANK Observations: 1) On Daily Time frame it had formed rounding bottom and breakout it. It was breakout on 9-08-2021. Since then it has been testing the breakout level of it. Which is placed at 754-755 range. And it has been taking support from the range and closing above it, since last 6 days. 2) On Daily Time Frame, it also took support from...
head and shoulder breakout. BUY after descending tringle breakout
NSE:AXISBANK Since last 3 days it failed to closed below 755 level and taking support from it. And it has been making triangle pattern on 15min time from since last 3 days. Breakout of this pattern on either side will give good move. Levels and targets are mentioned on the chart. I hope it is easy to understand. Do comment your doubt or suggestion. All...
NSE:AXISBANK Do comment your doubt or suggestion.
CHANNEL BREAKOUT ==> AXIS BANK BUY ABOVE 750 TARGET 1 => 759.50, TARGET 2 => 765.50... SL => 746.80
++++++++++++++++++++++++IF IT SUSTAIN ABOVE BLUE ZONE GO FOR BUYING SIDE ++++++++++++++OR++++++++++++++ ++++++++++++++++++++++++IF IT STAYS BELOW BLUE ZONE GOR SELLING SIDE +++++++++++++++++++++++++++++++++ +++++++++++++++++Confirm with the candlestick rejection and your other technical source++++++++++++++++++++++++++++++ ---------------------------------{IF...
Currently trading in a engulfing pattern which can give breakout on either sides. Swings will be restricted to the resistance and support zones. Expect breakout in next 4-7 sessions.
Axis Bank Analysis Given In The Chart. Try To Buy In Equity And Book Profit In The Resistance Area. I Would Long In Equity And Will Short In Futures At PRZ Level.
Axis bank gave a fresh breakout of a channel on a daily time frame. Can come back and retest this channel and then will begin the uptrend.
SL 690 CMP 695 TGT 730