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...
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
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
Hi every one Aixs bank weekly chart diamond pattern identified first time by me
Stock is forming pole and flag price action pattern near ATH or you can also see it as consolidation before making a big move crossing all previous resistances. Stock can move upto 1045 as per Pole and Flag targets. Other targets can also be derived from Extension based FIBO. DISC: For educational purposes only. Please consult your financial advisor before...
Chart is self explanatory. I have a tracking position in it currently, and the post is for educative purposes only. Not a buy/sell recommendation. Thank you :)
AXIS BANK is very near it's all time high. The stock has taken support at EMA 50 level. In the coming days we can see AXIS BANK crossing 1000+ provided we have support of the broader market.
buy above 815 tgt-850\900\1200 buy above 815 tgt-850\900\1200 buy above 815 tgt-850\900\1200 major retesting ,potential to big breakout
NSE:AXISBANK we got a breakout of the daily resistance, then a positive retest of the one. bull case is on the table.
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.
W pattern is under formation in Axis Bank - 5/15min TF. I am going long (intraday)