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Axisbanklong

AXIS BANK SHOWING WEAKNESS WILL IT CONTINUE OR TRAP SEE YRSELF!Hi Traders, In the last week's post, I mentioned in my statement point no . 2 is quoting for your consideration " Next leg of the move will start only when green dotted line and the solid zone is taken out in 2 hrs time frame. Otherwise, the price will move into range-bound trade between upper green and lower green support." . You can see taken out condition is partially fulfilled in 2 hr but next day but not the next day. Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. please see the fig of last week and compare it with recent this week's move in the above fig. You will realize how the level of trade was manifested last week. Trade plan for next week. 1. In fig, see the bearish engulfing pattern it has got activated the next day too just below the green arrow. Therefore positional long be care full about your positions. If price takes out in 4 hr time frame the taken-out condition then exit immediately. Because will travel to lower red and gene zone in the coming days. 2. On the contrary, if price invalidates the taken-out condition then you can see price travel to zone 1. The rest price will decide. YOGESH VATS Disclaimer:- All positions should be taken on the advice of your financial planner. My work is purely for education purposes.
NSE:AXISBANK
by yvatsji
8
SYMMETRICAL TRIANGLE PATTERN BREAKOUT IN AXIS BANK -the stock managed to break-out of the pattern today by taking out crucial resistance level in the market -on lower time frames stock managed to break above the level of 440 -after lot of failed attempts it managed to surpass that level today -the stock last traded price(ltp) is at 444 -the stock is now geared up for a big rally on the upside -join the telegram group for live updates we have already taken trades today in "axis bank" BTST TRADE IN AXIS BANK BUY@442 STOP@435 TARGET@454 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! (trade active already) NEW POSITIONAL TRADE IN AXIS BANK BUY@445-448 STOP@430 TARGET-1@465 TARGET-2@478
NSE:AXISBANKLong
by manavtechresearch
11
REPORT OF VARIOUS SCRIPS ANALYSED LAST WEEK PART -2BHARTI AIRTEL 1. In last updated post of this scrip I mentioned that "if pink dotted line in upside is taken out on 2 hrs time frame , then i would like to initiate long position ." y you can check in two hrs time frame it is taken out but with some glitch . See volume of 2nd 2 hr candle is low. This does not satisfy me for long. Here price has to fulfil new condition to go long. 2. The red color dotted line should take out on 1 hr time frame Then with the sl of low of ref candle which cross red dotted line . I will initiate my positional long for the target of white box. 3. On the contrary If price takes out yellow support line on 1 hr time frame , then I will cover my previous week long positions. And will wait for price action near green trend line . If that line is also taken out in 2 hr time frame then I will be bearish on this scrip. 4. All conditions to trade in this scrip are important any relaxation will convert into big ...... ICICI BANK I. In my last update for this scrip I mentioned is quoting for your consideration "but it does not mean that stock fulfilled my condition of going down. till red solid line is not taken out on 2hrs time frame chances price can move up." You can see lower taken out condition not fulfilled and price moved up. All my charts speak themselves with conditions . Because this is the game of conditions . Now further move of this stock is dependent on upper red line if it is taken out in 1hr time frame then blur color zone lower band is my target. That i mentioned in first post of this scrip. otherwise price will consolidate here . AXIS BANK 1. In this scrip I mentioned is quoting for your consideration " In my last update of this scrip I mentioned is quoting for your consideration " that change of sentiments made my biased now down side. but i will not short till red support is not taken out in 2hrs time frame. till then stock is in no direction range neither long nor short can be initiated without clear break out either sides." You can see the clarity of visualization of move when sentiments changed to down I clearly mentioned red support line condition and confidently wrote I will not short though sentiments are down side . See your self breaching upside gave a fantastic move to upper end of my green line. That is accuracy Of an amateur and non professional person See MR.troller ( gann-elloit-trader). If you can come out of your ego then you can see. This is classic example of my conditions which never put me into jeopardize. 2. Next leg of move will start only when green dotted line and solid zone is taken out in 2 hrs time frame. Other wise price will move into range bound trade between upper green and lower green support. Rest market will decide. YOGESH VATS
NSE:BHARTIARTL
by yvatsji
11
IS AXIS BANK READY TO GIVE GOOD MOVE UPSIDE SEE YOURSELF!Hi Traders/Investors, In my last post on this scrip ,I mentioned clearly that is quoting for your consideration " if green support is not taken out on lower time and later on same day in daily time frame." then only by breaching this condition cover long other wise remain in long. now you can see the whole week axis bank remained up and in last trading session gave good recovery from green support. In this week even breached it . So condition is valid of last week long should be carried forward with the target of zone one. For Investors I gave one condition of green upper line taken out now with this sort of structure I share this is right time to buy 50% at this stage and rest when price will come back from upper zone . Follow condition strictly because I use psychological and structural points to make these . All are very reactive when conditions get failed. So trade accordingly. Rest market will decide. Yogesh Vats Note. All decisions of investing and trading should be taken on advice of your financial consultant.
NSE:AXISBANKLong
by yvatsji
9
Axis Bank - Market structure - Intraday - wyckoffOm Namah Shivay, Brothers, Last week had this chart ready and had published. Understood from the chart that, this stock has to go up as per the market structure. And today it has actually done it. Now Axis bank shown that it has broken trend line, so it is possible that, market will rally further up and up in coming days. But before assumption, market structure has to be followed to know that it is going up. Question : "om" means I am soul. What I am doing here ? what is my work ? where do I go ? can I change anything ? How this all around going , is there any structure ? Is there any rule ? A ns : We have the answer within . Within what ? Within me . But me/I am a soul looking like a light dot, what is within me that can answer. If it is within me, then why i do not know ? Om Namah Shivay
NSE:AXISBANK
by sudhannayak
BTST IN AXIS BANK !!(FUT)!!BTST TRADE IN AXIS BANK VIEW :-200-DMA TAKEN OUT :-RISE IN OI+RISE IN PRICE :-RESISTANCE OF 730 TAKEN OUT TRADE IN FUTURES 28TH NOV CONTRACT LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES BUY@731 STOP@721 TARGET 1@741 TARGET 2@751 LOT:1200 QTY:2 PLEASE NOTE: ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM !!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!! !!PLEASE DON'T OVER TRADE!! !!LIVE TO FIGHT ANOTHER DAY!! !!HAPPY TRADING!!
NSE:AXISBANKLong
by manavtechresearch