Harmonic Pattern Analysis of Axis Bank Harmonic Pattern Analysis of Axis Bank. this pattern is called as Bartley pattern as it perfectly following rules of gartely pattern. I have marked reversal area. Target I will comment later.. IF IT REVERSES SUCCESFULLY. This is only for educational purpose.Longby vinfintraderUpdated 4
AXISBANK Support & ResistanceTo determine the support and resistance levels for Axis Bank (AXISBANK), we analyze recent price action, key technical indicators, and historical price levels. Here’s an assessment based on the data: Support Levels ₹1,058-₹1,060: This range represents the recent intraday low and a critical level where buyers have previously shown interest. ₹1,040-₹1,045: A strong support level observed from prior consolidation zones. ₹995-₹1,000: The 52-week low, acting as a major support zone. Resistance Levels ₹1,070-₹1,075: A near-term resistance where selling pressure has been observed during intraday trades. ₹1,100-₹1,105: A psychological barrier and previous short-term peak. ₹1,125-₹1,130: A critical resistance level seen in past price movements. ₹1,339-₹1,340: The 52-week high and a long-term resistance point. These levels are dynamic and may shift with new market data or significant trading volumes. If you'd like detailed technical charts or indicators for a precise breakdown, let me know! Longby EmpireCrown1
Axis Bank Increased Volume and Strong support Axis Bank Seems to stay Strong at the Current level of 1070 for the past 5 Sessions , which seems to be intercepting point for Pivot, Fibonocchi and Trendline Support , Short term move upto 1150 can be expected on Stable market Condition . Repositioning Pivot around 1120 for upcoming Week may make it possible . Setup : NSE:AXISBANK Buy Near 1070 Book Near 1150 SL below 1030 Longby Stockist0011
AXISBANK Support resistance As of December 30, 2024, Axis Bank Limited (AXISBANK) is exhibiting the following technical levels: Support Levels: Immediate Support: ₹1,071.60 Short-Term Support: ₹1,076.81 Medium-Term Support: ₹1,063.00 Long-Term Support: ₹1,070.00 Resistance Levels: Immediate Resistance: ₹1,081.85 Short-Term Resistance: ₹1,084.00 Medium-Term Resistance: ₹1,090.00 Long-Term Resistance: ₹1,094.00 These levels are derived from recent market data and technical analysis. Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change rapidly, so it's advisable to conduct further analysis or consult with a financial advisor before making investment decisions.Longby EmpireCrown1
Axis Bank - Bullish Harmonic Pattern Axis Bank has triggered a Bullish Gartley Harmonic Pattern and trading rangebound at the PRZ of the pattern. A successful unfold of the pattern would attract upward momentum in the stock. While closing below X of the pattern would negate the Harmonic formation.Longby rohanshah447
AXISBANK Support and ResistanceAs of December 29, 2024, Axis Bank Limited's stock (AXISBANK) closed at ₹1,077.50 on the National Stock Exchange (NSE), marking a slight increase of 0.06% from the previous close. MARKETWATCH The stock remains below its 52-week high of ₹1,339.55, reached on July 12, 2024. MARKETWATCH For the upcoming trading sessions, key support and resistance levels have been identified based on recent price movements: Support Levels: S1: ₹1,071.60 S2: ₹1,070.00 S3: ₹1,063.00 Resistance Levels: R1: ₹1,084.65 R2: ₹1,090.00 R3: ₹1,094.00 These levels are derived from pivot point calculations, which are widely used to determine potential turning points in the market. TOP STOCK RESEARCH Additionally, technical indicators provide further insights: Relative Strength Index (RSI): 48.517 (Neutral) Moving Average Convergence Divergence (MACD): -43.34 (Sell) Average Directional Index (ADX): 21.376 (Buy) These indicators suggest a mixed outlook, with the RSI indicating neutrality, MACD signaling a potential bearish trend, and ADX pointing towards a developing trend. MONEYCONTROL Please note that market conditions can change rapidly, and it's essential to consider multiple factors when making trading decisions. Disclaimer: The information provided is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.Longby EmpireCrown2
AXISBANK Support & Resistance As of December 28, 2024, Axis Bank Limited (AXISBANK) closed at ₹1,077.85, reflecting a slight increase of 0.09% from the previous close. Here are the identified support and resistance levels: Daily Support and Resistance Levels Support Levels: S1: ₹1,071.60 S2: ₹1,068.73 S3: ₹1,060.83 Resistance Levels: R1: ₹1,081.85 R2: ₹1,084.65 R3: ₹1,100.53 Weekly Support and Resistance Levels Support Levels: S1: ₹1,069.00 S2: ₹1,061.00 S3: ₹1,049.00 Resistance Levels: R1: ₹1,089.00 R2: ₹1,101.00 R3: ₹1,108.00 Technical Indicators Relative Strength Index (RSI): 27 (indicating potential oversold conditions) Moving Averages: 5-Day Average: Not available 20-Day Average: Not available 50-Day Average: Not available These support and resistance levels, along with technical indicators, provide a framework for assessing potential price movements. Use these insights in conjunction with broader market analysis and risk management strategies.Longby EmpireCrown1
AXISBANK Support & ResistanceAs of December 26, 2024, Axis Bank Limited (AXISBANK) is trading at ₹1,078.90. For intraday trading, the following support and resistance levels have been identified: Daily Pivot Levels: Support Levels: S1: ₹1,075.02 S2: ₹1,071.13 S3: ₹1,066.27 Resistance Levels: R1: ₹1,083.77 R2: ₹1,088.63 R3: ₹1,092.52 TOP STOCK RESEARCH These levels are calculated based on recent price movements and can assist traders in making informed decisions. It's important to note that technical analysis is inherently uncertain, and actual market movements may differ. Therefore, it's advisable to use these levels in conjunction with other analyses and risk management strategies.Longby EmpireCrown1
AXISBANK Support & ResistanceAs of December 24, 2024, Axis Bank Limited (AXISBANK) closed at ₹1,078.90, reflecting a slight decrease of 0.02% from the previous close. The following support and resistance levels have been identified for AXISBANK: Support Levels: S1: ₹1,075 S2: ₹1,071 S3: ₹1,066 Resistance Levels: R1: ₹1,084 R2: ₹1,089 R3: ₹1,093 These levels are derived from technical analyses, including pivot point calculations and moving averages. Please note that support and resistance levels are dynamic and can change based on market conditions. It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.Longby EmpireCrown1
axis bankAXISBANK SWING TRADE IDEA FOR 20% RETURN BUY AXIS BANK ABOVE 446.1 FOR 451 INTRADAY AND BUY AT CMP FOR POSITIONAL TARGET OF 500 & 623 BOOK 90% AT 620 AND HOLD THE REST 10% STOCK AS FREE FOR LIFETIME :)Longby kapilbhamaUpdated 2
AXIS BANK LEVELSSupport Level of AXIS BANK Buy axis bank on these levels 987 when in hourly oversold region on intraday basis 823 is for positional buyers. Don't short Axis bank on positional basis as it has not given enough return on 5 yearly basis Fresh long trades now are not avaialble as market is weak Consult your financial advisor before tradingLongby kapilbhama4
axis Bank: Selling Pressure with Gradual Buying OpportunitiesTopic Statement: Axis Bank faces selling pressure near the 1130 distribution zone, with potential to fall to 1000, a crucial support level. Key Points: 1. The stock is in the distribution zone around 1130, with repeated testing of this level increasing the risk of a breakdown. 2. A gap at 1060 from April 2024 may be filled soon, indicating further downside. 3. The price is under the 180-day moving average, offering a gradual buying opportunity as it approaches the 1000 support. Shortby yogeshwar0
Swing trade in AXIS BANKTook good support in the falling channel with good volume. Can be picked for a swing of 20% upside. Cup & handle formation on 15 min chart as well with breakout. Time frame 3-4 months.Longby Heemanshusaini2
AXIS BANK - TRADING NEAR SUPPORT ZONETrading near support zone 1100-1125 This is just an idea. Trade or Invest at your own risk. by Trading_Ideaa114
Hammer Candlestick Pattern Seen at bottom in Axis BankHello everyone i hope you all will be doing good in your life and your trading as well. Today i have brought axis bank analysis which is has formed Hammer candlestick pattern at bottom of Important support zone, Axis Bank Limited is a private sector bank. It has the third-largest network of branches among private sector banks and an international presence through branches in DIFC (Dubai) and Singapore along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai and an offshore banking unit in GIFT City Market Leadership - 3rd largest private sector bank in India - 4th largest issuer of credit cards - 19.8% market share in FY24 Branch Network In FY24, Bank added 475 branches (125 in Q4FY24) to its network. At present, it has a total of 5377 branches, 16,026 ATMs and Cash recyclers. The region-wise breakup of branches is as follows: Metro - 31% Semi-urban - 29% Urban - 23% Rural - 17% Loan Book Retail loans account for 60% of bank's loan book and corporate 29% & SME loans 11%. Retail Book Home loans account for 28% of retail book, followed by rural loans (16%), LAP(11%), Auto loans(10%), personal loans(12%) , small business banking (10%), credit cards (7%), Comm Equipment (2%) & others (4%) Market Share FY24 - Bank has 5.5% market share in assets, 5% in deposits & 5.9% in advances. - 14% in credit cards circulation in India. - 5.2% market share in personal loan. - 4% RTGS, 30% NEFT, 38.9% IMPS Market share (by volume),20% Market share in BBPS. - 11.4% Foreign LC Market Share. - 8.4% market share of MSME credit. Fundamental (Ratio) Analysis - P/E ratio is 12.69 - P/E ratio is 12.69 which is lower than it's 5 years Average P/E 28.22 - D/E 1.46 has reduced as compared to last year's D/E 1.59 - ROCE is 14.16% - ROCE 14.16% has increased as compared to last year's ROCE 9.26% - ROE is 18.51% - ROE 14.16% has increased as compared to last year's ROE 9.26% - ROCE 14.16% is higher than 5 years ROCE average 9.19% - ROE 18.51% is higher than 5 years ROE average 10.03% - PEG ratio is 0.61 - Operating Profit Margin (EBITDA Margin) 8.82% has improved as compared to last year's OPM - 0.31% - NPM is 23.4% - Net Profit Margin (PAT Margin) 23.4% has improved as compared to last year's NPM 12.37% - Annual Sales has grown by 28.94% - Annual Profit has grown over by 143.91% - 3 Years Sales CAGR is 20.96% - 3 Years Profit CAGR is 142.38% - Quarterly Sales has grown over by 15.26% YoY - Quarterly Profit has grown over by 19.16% YoY - Quarterly Profit has grown over by 14.87% QoQ - DII have increased their stakes by 1.72% in the latest quarter (29.4% to 31.12%) - Retail/Public have reduced their stakes by 0.91% in last 3 years - Promoters + FIIs + DIIs hold 91.18% in the company Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Longby TraderRahulPal32
AXISBANK Ltd view for Intraday 13th DecAXISBANK Ltd view for Intraday 13th Dec Resistance 1150 Watching above 1155 for upside movement... Support area 1100 Below 1150 ignoring upside momentum for intraday Support 1170 Watching below 1200 or downside movement... Resistance area 1250 Above 1100 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown3
AxisBank | Trendline BUll Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout ✅Breakout confirmed ✅Rise in Volume ✅Good 3 touches Trendline Breakout with volume ✅Clear uptrend with HH & HLs sequence ✅ Order block as potential Supports ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view ! Longby ReviveTradersUpdated 3
VIEW ON AXIS BANKGood chart structure Breakout on the stock Stock approaching its 21 OCT 24 highs Target 1220/1240 Stop loss 1175 I am just representing my views For educational purpose only.Longby dakshb38391
Axis Bank Reversal SetupAxis Bank want to change its gear. Demand Squeezed. Breaking out of trendline support on Weekly basis. Strong Fundamentals and technically well placed Longby MomentumLovers4
AXISBANK Probable BreakoutStock Name: Axis Bank CMP: ₹1160.50 Technical Analysis: Axis Bank is currently displaying strong bullish momentum. The stock has achieved a breakout, with the previous close decisively above the trendline, confirming a significant bullish setup. This move is supported by high trading volumes, indicating strong participation from buyers. Moreover the stock is in a strong buying position at the long tested support.Longby AlphaTradesTM3
Axis Bank Date : 02.12.2024 Axis Bank Timeframe : day chart Remarks : 1 Formation of Descending Triangle 2 Consolidating at Neckline 3 Already trading below 200 ema 4 If bounce then will touch descending resistance 5 If breaks then next valid area is support/resistance zone at 1036 6 Support/resistance trendline is trend maker Regards, Ankur Singh by AnkurSingh2
Axis bank is on major Demand zoneSL and TGT is plotted follow them & make profit. At that point Nifty & banknifty also looking good . if Maharashtra assembly election is won by BJP then this trade is 100% winning rated trade . tomorrow is result lets see.Longby Satyanarayan_Vibhute116
A good amount of correction still leftAxis Bank CMP 1139 Elliott- the iii rd wave of C is underway. This fall will be sharp. To me it should end around the 994 zone. RSI- On the last rally to the highs the oscillator only managed to go till the bear zone which is negative. Now it is below the averages and is all set to break its bull support. Hence my view on Bank Nifty is intact the selling is still not over.Shortby singh17vivek0