DEAR TRADERZ, After a 2 weeks consolidation Axis bank is set to break out, and we are going to see a rally towards 649 & 669 position and swing with a stop @600. This is absolutely swing and positional it can be achieved by next week or it takes time till this expiry. But overall its Bullish. Always trade with proper hedge, to minimize your loss suppose your stop...
Buy after breakout, TGT: 700 SL: 600 BUY @ CMP- 620 IF U MAKE PROFIT, PLEASE SHARE SOME AMOUNT OF PROFIT WITH ME { LOST JOB DUE TO COVID } PAYtm: 7908088509 (no call)
BUY ABOVE 612.6 WITH STOP 592 RISK:REWARD = 1:1 / 1:2 > FACTORS CONSIDERED 3 LOWER HIGHS ADX ABOVE 30 WITH +DI MORE THEN - DI disclaimer - join your analysis before taking trade.
AXIS BANK HAS A SUPPLY ZONE FROM 610.55 TO 613.80. IF PRICE CLOSES ABOVE THE ZONE ON 1H WITH VOLS, CAN GO LONG WITH SMALL STOPLOSS.
This Trade is derived on Probability basis; Do Not Risk more than 3% of your Principal amount;
Hi, This tweet for educational purpose not buy sell call... Let's Axis bank complete C&H pattern.
Once again the price is trading near the support area of the channel which is considered as a good buy. If one is entering the market long at the support can aim for the channel top as the target which is almost 100 points AS you see the previous history of the pattern price exactly took support at the channel bottom and rejected at the channel top. Instead of...
Note: This is for educational purpose only. There seems to be an ascending triangle bullish breakout with volume. RSI is above 70 which indicates overbought. There might be some consolidation/ side ways movement before the next up move.
- Axis Bank finally broke out from the ascending triangle. - Laddering some longs 505-480 ( for positional or holding ) - Stop Loss at 450 in case pattern failure. - Target = Height of triangle.
Buy now or stock will not sustain its support and fell then buy @ 345 and target will be 509. You can manage your SL according to your comfort.
I hope you can now see how Axisbank represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
446-447 levels seems very important levels. Stock has broken this level, But tomorrow if it opens below the level then we can look for short opportunities. However if not we can look for the long opportunities in Axisbank.
Axis Bank could potentially be in the beginning of the 5th wave according to EVT. Trade at your own risk!
Axisbank has today has given breakout and closed above 447 tomorrow we may see huge short covering in this stock likely to test 456/564/475/490 in short term