Axisbanklong
Axis Bank | Bounced off Rising Channel support - DailyAxis Bank bounced off from rising channel support at 760. That price also seem to be a horizontal support area. If the stock holds on to the channel we can expect a considerable move upwards. Notable resistance is at 820 area where life time high falls as well.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
AXISBANK Hammer formation - I Have a bullish view.Slight Bullish Harami gives some confidence. This looks interesting because Axis is breathing some fresh air after so many months. If it sustains at this level, I firmly believe that Axis can hit the HHs pretty soon. All because of that YesBank fiasco, I assume.
BTST IN AXIS BANK JAN (FUT)BTST IN AXIS BANK
JAN FUT
CLOSING ABOVE 660 +RISING OI
INITIAL WILL HEAD TO 680
BUY@665
STOP@655
TARGET@680
LOT:1200
QTY:1
AXIS long...AXIS break previous high so keep watch and Take Profit...
ENTRY ABOVE 644
Trade manageable lot size and use trail stop to protect your profits from 10 Pips
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
SWING TRADE IN AXISBANK AUG (FUT)SWING TRADE IN AXIS BANK
POSSIBLE CONSOLIDATION BREAJKOUT
AUGUST FUTURES
CONDITIONAL BUY
BUY@634.5(ABOVE 630)
STOP@629
TARGET@650
LOT:1200
QTY:1
Axis Long (If breakdown)...Guys AXISBANK test Supply zone keep watch
Axis trade setup Keep Watch (Bank Nifty Bullish)
entry 604 to 603
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
AXISBANK buy setupGoing by the Bollinger Bands and stochastics on 1D, 1H and 15m TF we are seeing an early signals of breakout. Breakout could take place either before or after a pullback. We will wait for the confirmation before we take position.
Buy AXISBANK above 535
T1: 550
T2: 570
SL: 527
Axis-bank - One way or other way One can trade in the blue range pattern with fixed stop lose or go with the trend as soon the channel is broken which is having high probability of a swing trend.
Axis bank having great potential.Now the MA are looking in favor for the price to lift up, besides Axis bank have great potential to move upwards.
AxisBank : Dangerous Harmonic Move !Why this one is considered as most dangerous move ? Bcos in Harmonics its quite unsure that whether the potential harmonic will complete as expected or not, so trying to cash in on CD move is most dangerous ever, Harmonic traders will know that. If you are new around to the topic, people use all sort of harmonics,I don't blame them... but sticking to certain set of rules will help you better instead of searching around variations in harmonics.
So why I took this CD move in half way, as there are reasons behind, lower highs can be easily one of them. Next time when you do harmonics, look out for your ratio's !
AxisBank : Early Bird catches the Prey !How is your saturday going ?! Hope the weekend starting off on Good Note. Today morning I was looking for some stocks to accumulate on medium term (4-7 months). AxisBank was one of them which I kept in radar for past 3 months. Though I'm not sharing about all the stocks in My Portfolio, now its time to post it out for you guys as I did LT a year back, we caught Lt around 1050's - 1100's & rode all the way upto 1600's. { Attached that LT post in related ideas check it out to know, how we planned for long term investment }
AxisBank has the same potential of moving up and around our entry zone, we are early here, so wait & confirm bullish reversal before accumulating the stock. I have marked the zone 450's to 470's for entry, use any technique in this zone to accumulate ( averaging, after bullish confirmation or based on pattern). Our stops go below 415's, even if you buy around 470's ( max price ) our risk in AxisBank will be 60 points with reward around 350 points over 4-7 months.
Any of you got confused about the Elliott corrective I have shown above, its irregular correction. I haven't shown this to you in public post, anyway here it is & the corrective wave is perfectly fine, Don't worry !
One more thing I want to clear, Just don't buy bcos I'm investing in Axisbank or I posted the analysis, check for yourself about the fundamental before investing. I'm expecting 800 by Mar'17 in AxisBank, almost 75% increase from here, it will look tempting when compared to Bank Interest rate but risk is involved here. So check your portfolio size and allocate only the amount which you can spare & Take investment decisions wisely.
This is longterm setup, so Patience is the real Key to Success !
By the way if you want any long term investing stock analysis - comment below. I will do the first 2 scrips :)
