NSE:AXISBANK Do as directed in the chart This is not the trading recommendation or advise Do your analysis before taking any step. 🚨👍
AXISBANK looks to resume the uptrend to new highs as this week was overwhelmed by strong buying by forming an engulfing candle on weekly . Looks good buying opportunity with SL with this week's low Cheers
- Axis Bank is currently trading at 1175 - BNF is carrying a bullish structure and at the same time Axis Bank is trying to form a base - Axis Bank looks for a swing long around 1155-1164 - Watch out for the invalidation before looking for longs - The structure looks intact and it will soon expand towards the upside as long the index doesn't collide.
Hello Everyone 👋 Current Price 1.0850: This is the latest price level, reflecting the current market sentiment. Resistance Levels 1.0880: The first resistance level, where selling pressure might increase. 1.0920: The second resistance level, indicating a stronger barrier for upward movement. 1.0980: The third resistance level, a significant hurdle for the...
Strong demand zone area 1115-1135 Wait till stock reaches the area May consolidate a while before making an upmove Breach of 1100 will make the stock fall further, which right now dosent seems possible Risk to rewards looks promising
AXIS BANK looks good long opportunity to buy at dips, with bank nifty looking strong.Axis Bank looks good buy at current market price as price looks to take support at breakout point , trendline and weekly EMA. Good opportunity as long as price stays above 1,100 Cheers
AXIS Bank trading at 874 Levels very strong breakout on monthly chart if October month candle (which is going to close on 31st october) closes above 880 level can see good move on 2023 Stop loss will be below the breakout candle Do your own analysis before take a trade
July 2, 2024: AXIS Bank Market Analysis Current Market Price: 1261.90 General Trend: After the COVID crash of 2020, Axis Bank hit a high of 865 on October 21st , 2021, completing Wave 1 and entered Wave 3 after completion of wave 2 on June 16th 2022. The stock is currently in a bullish mode and it's in extension, having completed subwaves 1 and 2 of Wave 3...
After a long consolidation and a complex corrective structure concluded at Apr'24 low of INR 995.7, stock prices have given very sharp up move. This suggests that stock is likely to give a breakout very soon and extend the gains towards INR 1250 in the coming days and week.
Axis bank has been trading around the higher level and is forming a base near 1030 zone. Both side movement can be there in the stock and confirmation is need for the entry to trigger. But the stock on the weekly chart is showing some bearish RSI divergence and the dropping strength can be the initial signal of a bearish move. On the daily charts, it is around...
Axis bank has historically using inclining trend line as a support every consolidation period has been using a declining trend line support as can be seen on 1,2 & 3 scenarios also RSI divergence is found in 1&2 this could repeat the same and head for a new all time high as it has done previously.
Look for a bullish breakout in Axisbank. A pennant pattern is evident in this stock. Price level of 1113-1115 range is resistance to watch for a breakout. I will update the entry taken for buy later in the idea comments.
Axisbank had given a breakout around 1100 level and made a high of close to 1130 and higher.. its resistance can now be well backed by a good support at 1100, On monday we can expect axisbank to open lower and fall even lower only to take support around 1100 and from there on we can expect further upside for axisbank. Entry level 1100 Stop Loss 1080 Target...
In 1 day time frame trendline breakout was done and not at 1136.95 with a good volume. For now volume support zone 1119.15. If price break 1151 with good volume then a big move we can see here. Be alert. support zone 1119.15-1109 Support 2: 1081 if price consolidate between 1109-1136 it's for intraday . after break 1151 it's a good for long for investor.
Intraday view stock is in down trend. It's follow a trendline . When price will be near at or touch trendline we can shorts our position. For long term investor buy on dip . It's a best options for them . Support: 1092 Resistance: 1104 Maximum volume at 1100 (So we can think if price will be near this level and create a bearish candle we can make a position on...
Buy Axis Bank At Cmp 964 SL - 909 ( Weekly Closing Basis ) Target - 1125
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 980 and keeping a stop loss of 927 , look for the target of 1100-1120 in the coming weeks. Buy: CMP i.e. 980 Stop loss : 927 Tgt: 1100 Theory: The Cup with Handle is a bullish continuation pattern that marks a...
if trigger line crosses above 58.13 may reach to the level of 67. if trigger line crosses below 47.51, may reach to the level of 34.31