[E] The Bollinger Bands Indicator - IVIt is important to remember that just because price may reach the outer bands does not always mean it will reverse. Always look for further confirmation from another indicator, or by using candlestick analysis.
AXISBANK trade ideas
[E] The Bollinger Bands Indicator - IIThree main lines make up the Bollinger Bands indicator.
The first of these, the central band, is a simple moving average.
The second and third, the upper and lower bands, represent levels at which price is relatively high or low, compared to this moving average.
[E] The Bollinger Bands IndicatorThe Bollinger Bands Indicator is an oscillating indicator.
Traders use it to measure the volatility of a market.
The Bollinger Bands can help you to identify points at which the price of an asset is high or low relative to its recent average. This can in turn help you to predict when the price might rise or fall to its average level.
Axis bank Cash chart - Bearish Wolfe waveAxis bank Cash chart - found in Bearish Wolfe wave pattern in Hourly, 4 Hours and Daily time frame. Target and Stop loss updated in the chart itself.
Note: This post is only for educational purpose, not recommending any trade.
Buy Axis Bank @ 828 SL Below 815 Triple Bottom Formed and Demand Zone Tested.
Buy Axis Bank @ 828 SL Below 815 Target 870, 900.
AXISBANKAXISBANK is on the verge of breaking out of triangle pattern with good volumes on an hourly charts.
Could be bought with mentioned stoploss & target.
#Axisbank Analysis Stock after taken support again near BO level forming round bottom pattern with good volume, follow chart for proper entry and exit levels. As banking stocks are posting good numbers, so strong point for long.
Neat & Clean breakout seen in Axis BankProper Neat & Clean Breakout seen in Axis bank, Price is above 200 Daily EMA. RSI and MACD both showing a positive reversal in price. Chances are very very high we can see Axis Bank 915+ levels. So accumulate here at current price 880 and go for target which i placed on Chart.
Please follow strict stop loss.
For option lover:-
Buy Axisbank May 800 Put option at 3.4
&
Sale Axisbank May 900 Put at 32
stop loss 65
Chances are very high we can reach target till first week of may month.
Please use proper stop loss to long this trade.
VIEW ON AXIS BANKBanking stocks seems to be in a good up move
Axis to cross yesterday's high
Target 881/887
Stop loss 865
I am just representing my views.
Foe educational purpose only.
AXIS Bank Triangle patternAxis Bank is testing the resistance of the triangle pattern, breakout with good volumes will give a good rally.
Axis bank inverse H & SAxis bank has retraced t 50% on Fib and has made an inverse head and shoulder pattern. this is a bullish indication. we can expect it to reach 900 soon.
axis bank chart explained as per setup
the earlier resistance got cracked out with volumes
during the current nifty down move,
the stock witnessed support at 800-820 zone
now a breakout above 875 would be a confirmation of long
with a stop below 845 for target 925-940.
AXISBANK | INHS setup - Looks easily potential for 12-15%AXISBANK | INHS setup - Looks easily potential for 12-15%
CMP : 864 (Dip : 850)
SL : 810
Target : 950
AXISBANKAXISBANK is trading in descending channel & its trying to breakout of channel, wait pateintly to break 852 then its a buy for very short term.
Could be bought above 852 with mentioned stoploss & target till EOD/GAP-UP.
Axis Bank: What does it say?Technical Analysis :
Here are some key points to note about Axis Bank's chart:
1. Successful Breakdown of Head and Shoulders Pattern : The chart shows a successful breakdown of a head and shoulders pattern, which is typically a bearish signal. This suggests that there is a downward pressure on the stock price.
2. Failure of Double Bottom Pattern : The chart also shows a failure of a double bottom pattern, which is another bearish signal. This further reinforces the idea that the stock price may be headed lower.
3. Below 20-day Moving Average : The stock price is currently trading below the 20-day moving average, which is a bearish signal. This indicates that the stock is in a short-term downtrend.
4. Weak Support : The chart suggests that there is weak support for the stock price at its current level. This means that if the stock price continues to fall, there may not be strong support to prevent further declines.
5. Highest Open Interest at 800 Price : Based on the above factors, it is possible that the stock price could fall to the 800 price level, which is where the highest open interest is currently located . This means that there are a large number of open positions in the options market at this price level, which could act as a support level for the stock price.
However, it is important to note that this is just a possibility and the stock price could also move in a different direction.
Axis Bank SwingWeekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move
Good Buying Opportunity, Excellent RRThe Stock is moving in a HH Pattern and looking like the correction in over.
Axis bank case studyBullish alter shark pattern formation
Bullish divergence on RSI with respect to price
Demand zone as per previous swing high/low
Axis bank case studyDemand zone as per previous life high levels
RSI at support of ascending trend line..
CIP concept of price action,
AXIS BANKTHE IDEA WILL BE ONLY FOR STUDY PURPOSE . wait for the breakout till then keep your eye on the stock
