Axis Bank gave a great upmove and looking strong to Buy is sustains above 755 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Axis bank has given a Double bottom breakout Ascending triangle breakout Above 200 Ma cluster RSI looks good MACD above signal line It is on long time support mentioned in the chart as structure break. On weekly timeframe you can see axis bank giving a simple box breakout and can go beyond the targets mentioned for long swing trades. Buy above - 730 Targets...
All levels are marked on the chart. This chart for educational purpose.
NSE:AXISBANK Observations: 1) On 1 day time frame, yesterday it gave closing below 200 DMA and also below neck line of double bottom pattern. Today it gave closing slightly at the neckline range of double bottom pattern. But it has faced resistance from 200DMA. Please refer below chart : 1day Time Frame. ------------------------------------- Trade...
Hi everyone, Axisbank mid term swing trade consider buy above: 722, target: 818, stoploss: 705. LOGIC BEHIND TRADE: Stock has recently boumved from it`s weekly & daily support and formed (W) pattern stock has given breakout of it`s resistance, buying on pull back is idea. (Target identified from harmonic xabcd pattern level 0.786) stoploss is taken low of...
NSE:AXISBANK Observations: 1) On 1day time frame, we can see that after giving breakout of double bottom pattern neckline, it came back and closed above neckline. From here it has chance to bounce back if the re-test of this breakout gets successful. And if this neckline is broken then we can see fall as it is already trading below 200DMA. Please refer...
NSE:AXISBANK Observations: 1) On 1 day time frame, we can see it failed to close above 200DMA and face resistance from it and made bearish spinning top candle. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for 10-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
Hi everyone, Axis bank short term swing trade consider buy above: 685 target: 708 stoploss: 675 LOGIC BEHIND TRADE: Stock has recently given correction & formed double bottom pattern & given break out of it`s resistance and pull back above 685 stock will continue it`s journey upto 708. (Target is identified from harmonic xabcd pattern level 0.786) stoploss is...
Simple Analysis..............................................................................................................
Axis Bank Futures 08-11-2021 CMP:- 757.00 Uptrend in the hourly chart looks like a double bottom pattern Target 820+
Axis Bank is looking for a good candidate to long above 820 for the upper marked targets. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
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...
NSE:AXISBANK Observations: 1) On 1hr time frame we can see that it took support from the middle trendline of parallel channel. The same channel was already represented in my previous ideas. Now this middle trendline will work as supprot and the upper trendline will work as resistance. Please refer below chart : 1hr Time Frame. 2) On 15 min time...
NSE:AXISBANK Observations: 1) On 1 day time frame, it is taking support from 21DMA. Currently 21 DMA is placed at 789.68 level. From OI data, We can establish that immediate resistance is at 810 and major resistance is at 820 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see that it is in parallel channel support...
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...
After a triangle breakout , a healthy consolidation will push Axis bank to move towards 850 as soon 820 levels will be broken. Do take advantage of this move and keep it in your watchlist
Axis Bank Futures CMP: 796.85 SL below 785.00 Targets: 805 / 810 / 815 STT