Axis Bank Next Week supports & resistances #AXISBANK
This will be talk of the town for next week. Just see and understand what I want to say you. Share your thought me at in comment Section. Don't miss this opportunity
Idea Credit: Vikas Benz
Axisbanklong
IS AXIS BANK AGAIN GOING TO BLAST?let’s rock again on
AXIS BANK
Buy Above 910
sl 890
target 920-980-1020
max 1.5 month
AS ITS MAKING OUR SETUP WITH MINIMUM SL AND MAX TARGET
Remember the name
TRADE BEARS AND BULLS
LEARN AND EARN
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long buying axis bank on close abv 861 or cmp
breakout trade
target and stop shall be shared once it gets triggered
or trade @ own risk
going for far OTM 900 ce @ 2.2 buying
Axis Bank Big Breakout But Wait For Right LevelsBuy Axis Bank. Cmp 868
Buy Only If Stock Come To 800-820
Add More If Falls To 770
Strict SL - 700 ( Weekly Closing Basis )
Target - 1000/1050/1150
Axis Bank Ltd_Bullish BreakoutAxis Bank Ltd channel breakout in weekly chart. Now it's taking retracement. If price sustain above 827, It will move towards upward 1016.
Axis bank trade setup for swing tradingPrice coming from weekly demand zone.
Execution points of supply & demand zone are marked.
No supply zone on higher time frame because price previously reacted from all time high.
Axis bank breaking out on weakly opportunity for swing tradeAs we have seen in chart there is a fresh breakout in weakly Time Frame in the Axis Bank So after the closing of the weak we initiate buy position for target of 882 and 990 in upcoming 2 or 4 months with having SL of 803 closing basis
Axis Bank Chart analysis |Result DayAxis Bank Chart analysis
Negative divergence observed...
We should be in hurry to take it...wait for perfect time
Axis Bank - Will it break or not?Axis bank is continuously moving in a channel. Now it made a bowl pattern at its resistance level from where it can give a 2-3% rise if breaks.
Another point is that we can see a good fall if it faced rejection. It can later go up to the lower level of the parallel channel .
As of today, it closed with good volume if the market opened in a good range then we can see good buying in AXIS BANK, which lead us to the target of 830 from our current position and the second target of 850 (where it previously faced resistance)
If the stock faced resistance then we can see consolidation for some time and that consolidation will decide its upward and downward direction for the downward direction we are having the support of 785 and the second support at 750.
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Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
Preparing for a BO ?????>In a consolidation zone dec 2018
>7th approach to resistance i.e - 815
>6th approach post 2020
> Trading above 200 MA in both weekly & daily chart
>Strong Bounce from 200 MA on a daily chart
[POSITIONSL] AXISBANK LONG IDEAAXISBANK is currently trading at a big resistance zone that is trying to break it. This Resistance zone has touched 5-6 times in the past but could not breach it.
If AXISBANK breaks this resistance zone it is a very good candidate to go long for target of 1000-1100s .
Entry :- 825
SL :- 722 (Last swing low)
Target :- 1022
Please Note:- AXISBANK is almost at ATH also the overall markets (NF/BNF ) are near ATH. So there is a chance of correction, pullback even after the break of this zone (due to overall market conditions ) so we have to be cautious. We will wait for the closing Above entry point for two days before taking this trade.
Axis Bank Chart Analysis for next weekAxis Bank:
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Price Volume relationship:
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Monthly: Volume decline & Price up (Something fishy)
Weekly: Volume is supporting the Price movement but the last candle showed rejection from the top.
Day: Yes Volume is supporting price decline.
Now, look at the Red trendline & Black trendline intersection part, If goes below then further decline we can expect else vice-versa.
WATCH FOR A TRENDLINE BREAKOUTAXIS BANK :
1) The stock looks good above 647.50
2) Wait for the trend line breakout to take entry
3) The last candle indicates a strong buying pressure with 0% rejection from opposite force
4) Target levels are mentioned in the chart
AXISBANK T1 Hit, T2 Updated !!NSE:AXISBANK
#NSE:AXISBANK shared and reached T1 and heading towards T2 levels updated.
AXISBANK Cup & Handle !!NSE:AXISBANK
#NSE:AXISBANK formed beautiful #Cupandhandle pattern.
Closed above resistance level. sustained above the level may show good momentum.
AXISBANK - Ichimoku Bullish Breakout Stock Name - Axis Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 783
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Axis bank 15 min Axis bank can be longed until the Trendline support does not break , a possible retraction until .236 level will be. A good entry. Long term targets coming out to be 767,775 (refer to pink lines)
Axis Bank IntradaySome upside movement possible in axis bank above 752.
Note - Before taking trade do your analysis,
Trade with strict SL and manage your risk.
Axis Bank Near Break out on daily time frameAxis Bank trading near Resistance trend line.
Wait for breakout.
One can consider position for swing trending after breakout.
Please keep proper SL and manage your risk as per the capital.
AXISBANK Fresh BreakoutAxis Bank has Seen fresh breakout of Consolidation I am Buying Axis bank Future August around CMP 742 with Stoploss of 729 And Targets Expected are 772
Reason To Buy Axis bank:
# Ascending Triangle Pattern Breakout
# Bank Sector & Pvt Banking Looking Bullish
# Stock Trading above 20,50,100,200 EMA
Axis Bank broken previous resistanceAxis Bank broken previous resistance 738 to 740 today and it is looking good and bullish.
Expecting 800 to 850 levels in this month.
Axis Bank, Cup and Handle, LongAxis Bank has given a perfect cup and handle pattern.
As it has given a breakout, chances of stock going up till target of 750 are high.
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Trade Carefully!
Trend Analysis - EMA 100 key level Axis Bank is trading at PE of 14, below 10 year Historical PE levels of 18.
Strong Revenue and Profit growth with consistent loan book growth.
With increasing share of Private banks, and slow calibrated shift from Unorganised to Organised,
Axis Ban may be poised for some upside here. Keep a close watch.
Not an Investment Advice. Only for research purpose.
