SL 690 CMP 695 TGT 730
Axis Bank (NSE Cash) Daily Charts (Medium to Long Term) The candles have broken the trendline on 16th March 21. RSI too broke the 50 level but I wouldn't panic as yet because the RSI is showing a reversal. This means that Axis Bank may have corrected itself but it isn't weak on daily charts. There has been a lot of selling as well so we might see a bounce back...
Axis Bank - CMP 736 Stop below 728 Target 750 & 758 Cup and Handle pattern made in RSI
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Axis Bank Had Made Symmetrical patterns On Time Frame 15 min And 30 Min Go long Or Short As Per Instruction Taken On Chart
Note: This is for educational purpose only. There seems to be bullish bounce back from 50 EMA (acting as dynamic support), 61.8% Fibonacci level and last swing low with good volume. Similar pattern can be seen in RSI as well.
AXISBANK gives excellent breakout from previous RESISTANCE levels, can touch 800+ in coming days. BUY in the range of 670-680 Target 1 - 742.05 Target 2 - 767.70 Target 3 - 889.90 Target 4 - 1012.70 Stoploss - 634
axis bank chart analysis for intraday and swing trading
Buy on dips as long as it maintains the level of 640 for the target zone of 680.
BANKNIFTY finally broke the upper resistance of the box that was there for a while. Good time to go long. It may retrace to the upper level of the box before going any further so be aware of the same since doji has formed. Keep this in mind and keep looking at price action. Now, upper targets are open for the week: Target 1: 32140 Target 2: 32460 Axis Bank and...
Note: This is for educational purpose only. There seems to be a Inverse Head & Shoulders bullish breakout with good volume. Volume is higher that last ~30 days. There seems to be a RSI bullish breakout as well. RSI at 69 indicates bullish momentum. Buy now or in dips till 640₹ SL = 610₹
NSE:AXISBANK everything you can see on charts then why you need perfect numbers , just try please try little hard if you really want to leant chart reading. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Note: This is for educational purpose only. There seems to be a bullish Inverse Head & Shoulders pattern. Moreover, RSI above 60 indicates bullish momentum.
Axis Bank has broken its Flag & Pole pattern albeit with lower than 20 day MA volume!! One needs to closely watch this scrip now as it may be a false breakout. If the break out is supported with volume spurt then the target is good and will be quickly achieved. But even today the volume is not above the 20 day MA of volume, hence, maintain a very tight SL on a...