NSE:AXISBANK Both the Target hit. Comment below if you have followed these levels and made profit. Avoid trading tomorrow.
Axis bank good stock to buy Can go till 760/- NSE:AXISBANK
CHANNEL BREAKOUT ==> AXIS BANK BUY ABOVE 750 TARGET 1 => 759.50, TARGET 2 => 765.50... SL => 746.80
Banking stocks are underperforming for quite some time and I cannot stress enough how bullish they all look right now! The same is with one of the biggest banks in India, AXIS BANK! Respecting the trendline pre coronavirus and on a trajectory to reach its previous ATH
AXIS BANK is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback. A long trade can be initiated on the daily timeframe. LONG ABOVE : 752 SL : 732 TGT 1 : 772 TGT 2 : 792 All explanation and levels marked on chart.
As per hourly price action Axis bank is trading in Rising wedge pattern Also Axis Bank create Second lower high and bounce back from support area zone. rsi also cross 60 level in hourly timeframe . Buy area Above Only 753 target 1 : 760 Target 2 :766 Target 3 : 774 Stop loss : 730
Axis bank has rallied more than 100 percent from its lows in 2020. However the chart structure suggests that the counter can witness significant up move from the current levels. In the weekly time frame one can see the formation of an Inverted Head and Shoulders. The shoulders are placed in the zone 770- 800 and once that level is taken out convincingly, the stock...
Axis Bank has been in a clear uptrend for many months. The correction which started in February seems to be over now as the downtrend line has been invalidated. A change in market structure has been observed with the formation of higher high and higher low. RSI has been curving up, supporting the Bullish momentum. The targets which I am looking at: Target 1: ...
BUY AXIS BANK ABOVE 717 STOPLOSS BELOW 700 ON CLOSING BASIS TARGET 740-765
Axis Bank (NSE cash) LTP: 694.70 Support: 693.80 Resistance: 700.45 Daily charts (long term) The candle has taken support on the 20 DEMA. There is a clear uptrend since 22nd April MACD is neutral because it is trading the bear zone but has green bars and there's a reversal as well. RSI too is trading above 50 which is a good sign. ***Bullish Hourly charts...
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.
Can buy for short term as a Bullish engulfing pattern is being made on the daily charts.
SL 690 CMP 695 TGT 730
Axis Bank (NSE Cash) Daily Charts (Medium to Long Term) The candles have broken the trendline on 16th March 21. RSI too broke the 50 level but I wouldn't panic as yet because the RSI is showing a reversal. This means that Axis Bank may have corrected itself but it isn't weak on daily charts. There has been a lot of selling as well so we might see a bounce back...
Axis Bank - CMP 736 Stop below 728 Target 750 & 758 Cup and Handle pattern made in RSI