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 . Thank You Disclaimer: It should not be...
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.
Axis Bank Limited ( NSE:AXISBANK ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for intraday traders. Target + Stop Loss: There is no target here. You keep the first target as much as the stoploss you put. And the stoploss will be the low/high of the candle that broke this pattern. Or low/high swing backward...
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.
Axisbank a gap filling has pending. Axisbank is facing residence around 447.
Axis Bank has formed a cup and handle pattern
On Monday, a Gap up in Banknifty and price hold level 335 for some movements can trigger good buying in Axis Bank. Support and Resistance area placed in the chart. Only this scenario to buy otherwise trade cancel. let's see, what happens in Axis Bank! Disclaimer:- your capital at risk. Consult your financial advisor before do anything and do own analysis research.
as the price is at its support of the trend line, still Wait for the price to fill its second probable gap and the price can take the support from here and can take a reversal, As still, the positive trend is in a strong position.