Axis bank - buyBuy from cmp to 675 easy tg 690 tg2 - 700 Disclaimer : This is my personal analysis for study purpose not intended for tradingLongby ShreeGanesh_1991Updated 1
AXIS BANK as per Pure PRICE ACTION analysis.Chart 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.Longby biltrader214
Axis BankSimple Analysis..............................................................................................................by KOMALASSERIL0
AXIS BANK : LOOKING BULLISH 📈 AXIS BANK 👉 Stock Formed INVERSE HEAD AND SHOULDER PATTERN and given clear breakout ⏱Positional 🔐Buy level = 723 🔓Stop loss= 704.-702 🎯Target 1= 765 🎯Target 2= 798 and aboveLongby velagavivek66Updated 0
Axis Bank : Failed Inverted H&S patternAXiIS bank showing failed inverted head and shoulder pattern.this neckline resistance was attempted to be broken in 2019 and two times in 2021 but failed daily momentum is in bear zones and weekly and monthly momentum also has gone sideways. trend indicators are bearish on all timeframes A trade opportunity exit with initial target till next swing low and stop loss at neckline for swing or positional trades Shortby seekedgetrade0
axisbank bullish ab=cdlong only when 4 hours candle closes above trendline for target of 885 to 904Longby UnknownUnicorn22711483Updated 222
axis bank deep crabfresh long above red line only for targets 848-855 let candle first close above the lineLongby UnknownUnicorn22711483Updated 0
Buy AXIS BANKAccording to chart anylasis its trade in parallel chenal and now this stock trade at support level. No more discussion 😊 Buy @715 or above Target : 750-770++Longby babupagal0
Go Long keeping the red line as SLKeep the red line as SL and go long but if it breaks the red line and gives closing for even a single day then go short with a target towards the lower blue line. For long look for a target towards the upper blue line and then towards 200 day MA.by Sai_19950
trend line support and falling wedge in psiRSI is forming a falling wedge pattern and is at a trend line support, very good support level to look for targets of 5-7% from current levelsLongby sbvinith0
Axis bank Swing trade.the properly market have been in the range for few days , our swing trade can be active above the breakout of 760.Longby sbtradebull1002
Axis Bank Wave countElliot Rules and guideline 1)Wave 2 should not retrace entire wave 1(Here on cycle degree it retraced wave 1 by 61.8% which is ideal as per guideline) 2)Any one wave entend's other 2 by 161.8%,other 2 being equal in length(As per guidelineTypically wave 3 extend's and 1 & 5 tends towards equality).Here also Wave 3 extend's wave 1 by 161.8% and wave 1 and 5 tends towards equality 3)We see two different forms of correction in wave 2 and wave 4 one being regular flat in case of wave 2 and other being triangle in case of wave 4 (Triangles are typically formed in wave 4 which is seen over here) which is signifying asymmetry between both the waves. Current count as per above logic and rules application. Super cycle: Wave 2 Cycle: Wave C(might have begun) Before covid prices has started showing weakness and already been correcting,and on the back of covid panic it completed cycle degree wave A of super cycle wave 2.Since then prices has been moving up in an corrective manner and when it approached previous ath levels it faced rasistance.So far we have seen 3 attempts made by price to penitrate ath which all failed to sustain on closing basis.We are also seeing a negative divergence on RSI indicating top formation.Along with this negative divergence price was moving in a rising channel which also got broken and previous pivot low were broken in lesser time then it took to form. Going ahead we might see an impulsive down move unfolding to complete cycle degree wave c which would complete super cycle wave 2.Price wise super cycle wave 2 has already retraced super cycle wave 1 by 61.8% during wave A formation hence current fall should not break those low's(Covid lows).It is possible that wave C can stop any of the retracement levels be it 23.6%,38.2% or 50%(not shown over here) to complete super cycle wave 2 flat with truncated wave C correction. Disclaimer:This are just my views do not trade on it's basis.I am post this analysis just for my future reference purpose. Educationby UNDERDOG-29224
AXIS BANK IN DEPTHAxis bank has completed its (1) to (5) wave in daily and we are in weekly 3rd wave... A correction up to 626-510 is expected till march to may 2022. Then we can see the further higher levels. 3rd wave targets are much higher around 1500 to 1600 level may be seen if fundamental remain intact. Please like if you like it. Regards by imkhushal223
axis bankaxis bank looking weak. so ready for short. strict stoploss. good luck mentioned in chartShortby Qikpay0
axisbankaxis bank looking weak. i m looking for short. entry 736 stoploss 738.1 target 728 good luckShortby amitbnl070
BUY AXIS BANK @753 - BULLISHAxis bank heading towards the weekly demand zone. Zone has breaks the previous supply, with Crossover Target - 2:1 This is for education purpose only, Trade as per your own riskLongby neeraj_sachanUpdated 0
AXIS BANK AT CRUCIAL SHORT TERM SUPPORTAXIS BANK: Looking at it through curved trendline, It seems to be at a crucial support an has the chances of rebounding for nearly around 4 -5% of return. Another confirmation would be 0.786 Retracement level of the previous trend. And after so huge fall expectation of a dead cat bounce is not at all superficial. The dual confirmation of curve Trendline and Retracement makes it a good bet. Targets remains to be 779 and 799. Stop-loss would be below 740 on closing basis. CHART & ANALYSIS BY - ADARSH DEYby AdarshDeyUpdated 3
Axis bank Swing IdeaAxis bank has fallen 12% even after good result .The stock can make up move provided if bank nifty is positive. Here is my analysis 1)Double bottom pattern . 2)Lower low level not taken out & consolidation is from few days. 3)Good risk reward ratio 4)Trend might change if Lower High is taken out of fib level of 0.236. 5)Analysis is of 20 to 30 points and for 2 to 4 days. (Education purpose, consult you advisor before taking trades)Longby Gippy_2k21113
Do You Buy after Good result in a stock? Must See this -AXISBANKSTOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 1- A stock will go up after good result. Reality - A stock may fall big even after very good results. Taking decision based on this information give you no edge and you will loose over long term. Big market picture is always given highest priority and buying/selling decision should be taken on this. Example - AXIS BANK, declared results on 26th October, highest ever quarterly profit. Next day - instead of up move fall of 6%. I too had this misconception earlier so please comment if you too thought same now or at some point of time. :) Learn price action and trade wiser.by NaveenGr223
Axis Bank Analysis Axis Bank Analysis - 1. Major Support =1st - 700, 2nd - 630. Major Resistance - 800. 2. Past Trend - Was in Uptrend and broke major resistance 800, failed to sustain above it. 3. Current momentum - In down, even after such a big fall from 867 to 714 the bounce was very weak from 714, failed to test even 50% to 800. 4. Overall market - Correction is going on, and i am expecting one more down move in Bank Nifty before we test previous high again. Conclusion - 1. Current momentum is down in Axis bank, overall market is also going through correction, in fact Axis bank is even weaker than market. 2. So my expectation is that Axis bank is more likely to fall and test 700 zone. 3. Momentum in up will be only if it sustains above 770 but this should not be used to go long, use that up move to book profits or exit long position. Trade setups - 1. Short if it sustains below 745. 2. I will not be looking for buying in this as it is very weak, any up move will be sold.Shortby NaveenGr443