#axisbank Swing trade opportunity NSE:AXISBANK
stock taken support from one of strong support level. target mentioned on trailing basis on chart.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Axisbanklong
AXIS BANK: Peculiar Reversion Or Trend continuation?Axis bank has been in the consolidation phase for more than 15 months. Prices fall rapidly after the crossover of 50 & 200 EMA . We can draw two control lines which can be helpful for target measurement.
If the price enters into the parallel channel, and after retracement sustains above 680 , traders can trade for the following target of 692 - 714 - 752 . Demand pressure can lead to the price at the upper band of the parallel channel.
Failure of sustainability above 680 may lead to a new low.
Let market earmark first before you commit to the market.
YR 2022 Idea #29: Long on AXISBANK This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Axis bank seems bullish Axis bank has given a descending triangle pattern breakout.
Though the stock has closed just below the resistance level of 726.
The breakout has been confirmed with the volumes.
RSI is also showing a bullish divergence on 15 minutes time frame.
Levels are mentioned on the chart itself.
Wait for the price action confirmation near the levels for entering the trade.
AXIS BANKAXIS BANK IS NEAR TO IT'S TIME WISE CORRECTION AND PRICE WISE CORRECTION IS NEAR TO FINISH,
I HAVE MARKED A 2 POTENTIAL BUY ZONE.
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I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets neither advice nor endorsement.
AXIS Bank - Banking stock for positional swingChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AXIS BANK LOOKS BULLISHAxis bank has given a Double bottom breakout
Ascending triangle breakout
Above 200 Ma cluster
RSI looks good
MACD above signal line
It is on long time support mentioned in the chart as structure break.
On weekly timeframe you can see axis bank giving a simple box breakout and can go beyond the targets mentioned for long swing trades.
Buy above - 730
Targets mentioned in the chart above.
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Axis Bank AnalysisAxis Bank - A heavyweight in Bank Nifty and Nifty is taking support at the neckline of W pattern. Axis bank formed a perfect W pattern and then Axis bank is taking support at the neckline of W formed. Moreover we can clearly see the volumes increasing as compared to previous days. This stock can be kept in the Watchlist to gain some profits.
AXIS BANK MID-TERM SWING TRADE! Hi everyone, Axisbank mid term swing trade consider buy above: 722, target: 818, stoploss: 705.
LOGIC BEHIND TRADE: Stock has recently boumved from it`s weekly & daily support and formed (W) pattern stock has given breakout of it`s resistance, buying on pull back is idea. (Target identified from harmonic xabcd pattern level 0.786) stoploss is taken low of neckline candle. RR looks good for mid term swing trade! NSE:AXISBANK
INTRADAY TRADING STOCKS - AXIS BANKThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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Rising Bull💯
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AXIS BANK SHORT-TERM SWING TRADE! Hi everyone, Axis bank short term swing trade consider buy above: 685 target: 708 stoploss: 675
LOGIC BEHIND TRADE: Stock has recently given correction & formed double bottom pattern & given break out of it`s resistance and pull back above 685 stock will continue it`s journey upto 708. (Target is identified from harmonic xabcd pattern level 0.786) stoploss is taken previous swing low of pull back, RR is good for short term swing trade in this stock. NSE:AXISBANK
Axis Bank, At its 11 Year old Strong Support!Axis Bank, at Break or Make point. It is exactly at a support, which holds this script for Twelve long years. We can expect a 35% return in this script.
i.e a Target of 920-935.
Don't miss the Discount sale!
Disclaimer - I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only
AXIS BANK AT CRUCIAL SHORT TERM SUPPORTAXIS BANK: Looking at it through curved trendline, It seems to be at a crucial support an has the chances of rebounding for nearly around 4 -5% of return. Another confirmation would be 0.786 Retracement level of the previous trend. And after so huge fall expectation of a dead cat bounce is not at all superficial. The dual confirmation of curve Trendline and Retracement makes it a good bet.
Targets remains to be 779 and 799. Stop-loss would be below 740 on closing basis.
CHART & ANALYSIS BY - ADARSH DEY
Axis Bank To The moon!!Axis Bank has been consolidatiing inside a channel pattern for the past three months....and it is ready a break a inverted head and shoulder pattern in its monthly time frame. We can expert a movement of atleast 15 to 20% in the short term.one can enter after a bullish candle at the bottom of the channel pattern or could wait for the channel pattern. Make sure you enter at the right spot and have atleast a risk reward ratio of 1:2......Cheers!!!
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#ICICIBANK Shared today and 820 CE option bagged 38K alone, Just 100 % Returns !!
Option call E@ 30 and reached to 58 = 28 Points * 1375 per Lot = 38,500 gains Per LOT !!
Other Scripts shared and resulted...
#IRCTC - 11%
#AXISBANK - 5.5%
#POLYCAB - 4%
Happy Trading !!!