Axisbankview
Axis Bank Chart Analysis for next weekAxis Bank:
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Price Volume relationship:
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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 then further decline we can expect else vice-versa.
AXISBANK Fresh BreakoutAxis Bank has Seen fresh breakout of Consolidation I am Buying Axis bank Future August around CMP 742 with Stoploss of 729 And Targets Expected are 772
Reason To Buy Axis bank:
# Ascending Triangle Pattern Breakout
# Bank Sector & Pvt Banking Looking Bullish
# Stock Trading above 20,50,100,200 EMA
Axisbank is 😵Confused in 1hr TFHello, 🤗🤗 Friend's. This stock is mainly suggestes for 20-06-2022 intraday player's.As we can see that stock is continueously making a ladder. We are totally🧐 on both sides. We will buy it when price cross❌ the 643 & substain above with the accurate target🎯 of 650,660.But in case price cross down 624 & substain below with the accurate target🎯 of 616,610. So don't forget 👍to add it on your watchlist for tomorrow Monday Morning🥱.
Have a nice day traders🤗🤗.
AXISBANK 60 MINlong trade can be initiate in axis bank for the target of 675 to 680 odd levels
entry point 657.00 with the Stoploss of 649.90
NOTE :- Let the price come to the buying Zone and observe what price action take place
if the price come in the buying zone and after that hourly candle close above the 657 mark than entry point is valid ...otherwise can close below the buy zone and hit the SL
#axisbank Swing trade opportunity NSE:AXISBANK
stock taken support from one of strong support level. target mentioned on trailing basis on chart.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
AXIS BANK: Peculiar Reversion Or Trend continuation?Axis bank has been in the consolidation phase for more than 15 months. Prices fall rapidly after the crossover of 50 & 200 EMA . We can draw two control lines which can be helpful for target measurement.
If the price enters into the parallel channel, and after retracement sustains above 680 , traders can trade for the following target of 692 - 714 - 752 . Demand pressure can lead to the price at the upper band of the parallel channel.
Failure of sustainability above 680 may lead to a new low.
Let market earmark first before you commit to the market.
Axis bank seems bullish Axis bank has given a descending triangle pattern breakout.
Though the stock has closed just below the resistance level of 726.
The breakout has been confirmed with the volumes.
RSI is also showing a bullish divergence on 15 minutes time frame.
Levels are mentioned on the chart itself.
Wait for the price action confirmation near the levels for entering the trade.
AXIS Bank - Banking stock for positional swingChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.