Axis bank has been trading around the higher level and is forming a base near 1030 zone. Both side movement can be there in the stock and confirmation is need for the entry to trigger. But the stock on the weekly chart is showing some bearish RSI divergence and the dropping strength can be the initial signal of a bearish move. On the daily charts, it is around...
27 Feb price break the trend line. It's indicate that price will go down with in couple of days. Short resistance range: 1078-1077.30 Next Support 1: 1058 Support 2:1050
Axis Bank is forming lower highs and lower lows pattern and looking a good sell candidate around 1125 - 1130 for the targets of 1045 and below marked levels on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
Intraday view stock is in down trend. It's follow a trendline . When price will be near at or touch trendline we can shorts our position. For long term investor buy on dip . It's a best options for them . Support: 1092 Resistance: 1104 Maximum volume at 1100 (So we can think if price will be near this level and create a bearish candle we can make a position on...
AxisBank has formed the bearish pattern at ATH and if breaks 1108 on the downside, we expect to see 1045 and 1000 in upcoming trading sessions. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
if trigger line crosses above 58.13 may reach to the level of 67. if trigger line crosses below 47.51, may reach to the level of 34.31
Axisbank has made inverted hammer candle on weekly Time frame which is a bearish sign for me. Now I will be planning to initiate shorts trades in 2 ways 1) Once price goes below 930, will go short targets will be a) 922 b) 908 c) 900 Sl would be 944 2) Price retraces to 949/960, shows signs of weakness and then I will initiate short. This will be the best case...
Axis Bank Chart analysis Negative divergence observed... We should be in hurry to take it...wait for perfect time
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...
Stock has witnessed selling pressure from the previous swing resistance on the daily chart and formed a Bearish reversal candlestick pattern which is know as Three Black Crows. Prices have also broken the rising trend line established from Jun'22 low of INR 618.25 which suggest that prices may face more weakness in the coming days.Hence any retracement from the...
Axis Bank: ------------ Price Volume relationship: --------------------------------- 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...
Axis Bank may give an opportunity to short. The set up is as follows -From the current position, if the price moves down and goes below 721, then the price may decrease further and any shorting done may be rewarding. - From the current position, if the price moves up and touch the price of 736, Wait for the next candle. If the price decreases from there, after...
Axisbank has given good breakdown of 20HMA along with bottom of parallel channel in hourly and apart from theses it has also broken support trendline with good intensity of volume. This stock has fallen below 20DMA which is pegged near 668, Also recent rally ended at RK's Stop line (key level line) near 700. Overall wave structure is suggesting that corrective...
AXISBANK FUTURE, looks good for sell, analyse and take the trade.
Axis bank has formed a double top pattern and a confirmation on the RSI Divergence. All of the markings are as shown on the chart. This is my personal view and for educational purpose only.
Axis Bank seems Bearish and we got some levels to trade. It may be not work according to me but you can watch as a learning purpose . I will not be any type of responsible for any loss and profit
Today watch out the levels for AxisBank . wait for the Double confirmation for the Best ebtry and the stoploss Target Where your greed Ends...Lol Don't Advice to take the trade on my Levels. Take it on your own risk I will not be Responsible for any kind of loss & profit
NSE:AXISBANK Trade Setup for Date 25-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...