NSE:AXISBANK Observations: 1) On 1hr time frame, if you remember it has been taking support from parallel channle, as I had explained in my previous post about AXISBANK trade setup, so it has been still in that support channel. I will put that previous tradesetup of axis bank so that you can refer that channel again. It has taken and bounce back from the...
NSE:AXISBANK Observations: 1) On Daily Time Frame, we can see that it is still getting support from the parallel channel. Today it got support from the middle line of parallel channel. Please refer below chart : Daily Time Frame. ------------------------------------- Trade Setup for Date 29-09-2021: 1) Don't Jump in to trade at the beginning of...
EXPLANATION : This is a 15 min time frame chart of AXISBANK , It has formed Inverted Cup & Handle pattern // Swing Pattern . If give a strong breakdown and broke its demand zone with high volumes and retest the same , I am bearish on AXISBANK . Super setup in AXISBANK Fixed range volume profile // Inverted cup & handle pattern // Swing pattern // Supertrend...
Axis Bank Futures CMP: 796.85 SL below 785.00 Targets: 805 / 810 / 815 STT
Weekly & in Daily TF Axis Bank Seems like Inverse Head & Shoulder (Bullish) Pattern 1.Inverse Head& Shoulders Pattern 2.Making Higher highs in Day Frame 3. Took Recent Support Exactly at Zone Where left Shoulder took Support 4. We can expect Tgt Around 920 *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only...
NSE:AXISBANK Observations: 1) On Daily Time frame it had formed rounding bottom and breakout it. It was breakout on 9-08-2021. Since then it has been testing the breakout level of it. Which is placed at 754-755 range. And it has been taking support from the range and closing above it, since last 6 days. 2) On Daily Time Frame, it also took support from...
NSE:AXISBANK Since last 3 days it failed to closed below 755 level and taking support from it. And it has been making triangle pattern on 15min time from since last 3 days. Breakout of this pattern on either side will give good move. Levels and targets are mentioned on the chart. I hope it is easy to understand. Do comment your doubt or suggestion. All...
NSE:AXISBANK Do comment your doubt or suggestion.
NSE:AXISBANK Both the Target hit. Comment below if you have followed these levels and made profit. Avoid trading tomorrow.
CHANNEL BREAKOUT ==> AXIS BANK BUY ABOVE 750 TARGET 1 => 759.50, TARGET 2 => 765.50... SL => 746.80
AXIS BANK is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback. A long trade can be initiated on the daily timeframe. LONG ABOVE : 752 SL : 732 TGT 1 : 772 TGT 2 : 792 All explanation and levels marked on chart.
Expanding parallel channel , price action analysis
As per hourly price action Axis bank is trading in Rising wedge pattern Also Axis Bank create Second lower high and bounce back from support area zone. rsi also cross 60 level in hourly timeframe . Buy area Above Only 753 target 1 : 760 Target 2 :766 Target 3 : 774 Stop loss : 730
Currently trading in a engulfing pattern which can give breakout on either sides. Swings will be restricted to the resistance and support zones. Expect breakout in next 4-7 sessions.
Axis Bank (NSE cash) LTP: 694.70 Support: 693.80 Resistance: 700.45 Daily charts (long term) The candle has taken support on the 20 DEMA. There is a clear uptrend since 22nd April MACD is neutral because it is trading the bear zone but has green bars and there's a reversal as well. RSI too is trading above 50 which is a good sign. ***Bullish Hourly charts...
Axis bank gave a fresh breakout of a channel on a daily time frame. Can come back and retest this channel and then will begin the uptrend.
Can buy for short term as a Bullish engulfing pattern is being made on the daily charts.