Axis Bank - 11th May 2022Medium Term View Stock in Sideways Trend Prices bouncing from 660-620 Levels. Low Risk Entry for Medium Term. Break of Support Area decisively on two consecutive Weekly closing bars can lead to further price correction to 500 Levels and belowby thegutsy0
Axis Bank is at triple support!This week , The pivot level of 650 is intersected by support trendline and 200ema on a weekly chart! the intersection strengthens the level and increases the credibility of the support ! the R:R is very favourable now .Longby shivammiglani1
Keep Axis bank in your watchlistbuy Axis Bank above 680. target 775 respectively. target 2 800by mayuresh2272
Axis Bank at Support ZoneIf price sustain above the support zone, then we can see a bullish move otherwise a bearish move. PS- This is for educational purpose only. Trade at your own risk.by SubodhSharma0
A beginner's guide to trading - Chapter 2In Chapter – 1, we have seen about candlesticks. Today we are going to see about supply & demand concept with candlesticks. Lets first see about the normal concept people follow for supply/demand zone. I have used numbers 1,2,3 and 4 to mark supply and demand zones in this post. In the above chart 1 acts as demand zone as price had good upside move from it. When price reach 2, as per normal demand zone concept, people think there will be pending orders to buy from big institutions at that level and we can buy. At 2 buyers were trying to take charge and we had a big bull candle. That was not institutional buyers, but from retails traders. It was proved as price did not move much from that. At 3 price was broken downside by a big bear candle. And at that level demand zone became supply zone. At 4 price had a nice fall. This is an example about how a demand zone becomes supply zone. Trend strength determines whether a particular level will act as supply or demand zone. Now we will see another example to understand trend strength. In the above chart, price had good move from 2 and becomes demand zone. When price reach 3, there was small upside move, but price fall from 4. Look at the arrow marks. When bearish strength increases, the demand zone becomes supply zone. Simply buying whenever you see a demand zone wont work. It wont give you consistent money. But understanding the trend strength and trading according to it will help you to make consistent money. In the chart above, at 3 price showed bearish strength & there was not even a small fight from bulls, instead bears won without much competition and price fall down. In the chart above, before price break down @ 3, note how bull strength was reducing which I have marked. Always trade with the knowledge of trend strength. Always trade with stop loss. Always trade with the knowledge of trend direction. Editors' picksEducationby vanathiUpdated 3434289
AXIS BANK BELOW 640 SELLOFF Expected Axis Bamk is taking multiple trendline Support at 640. Cmp is 660 and once price trades below 640 will test 600 - 560 to 520 level very soon. Resistance 675 will not cross from current levels.Shortby rajeevrdarji6
AXIS BANK DAILY CHART ANALYSIS AS ON 02.05.2022AXIS BANK on a daily chart has formed a Morning Star Doji and stock above 739 for a Target 745.by UnknownUnicorn196085720
AXISBANK Looking good !!A pole & pennant kind of pattern had been formed in hourly chart. . BO done near 738-748 level. Making higher highs for 3 days. RSI trending up. buy on dips. Accumulation zone : 740-755 Profit booking zone may be : 802 - 840 SL 719/According to your risk appetite. Positionally can move 960+ Sl 698 Dclbs April future as well as April 760CE/800CE can be look after for decent return. Disclaimer: Ideas for learning Only. Learn Regularly. Not occasionally If you find this helpful and want more trading/Investment Ideas. Please show your support back, LIKE & COMMENT ❤️ Your Support is very much appreciated ❤️Longby MyKEYtoSENSEXUpdated 4414
Could be a good entry point at CMPCould be a good entry point at CMP and it is expected to hold 702, where there is a support. by sabyasachi_nath0
Axis bankPrice has already broken the consolidation zone and will have selling pressure below that level. Sell below 724 with the stop loss of 729. Targets are 719,714, 709 and 704.Shortby vanathi28
short on axis bankthe stock has broken the good support of 750 in last trading session and is now ready for downfall below its low made in last session only with the extra taste of quarterly resultsShortby UnknownUnicorn11613540112
Axis Bank Long TradeHi guys Good morning Axis Bank Equity (NSE) Forming Head & shoulder Pattern in 5 min t/f perfect Entry only above 754-755 stop-loss 750-751 Target 775 looking very good pattern Trade as per ur risk Thankyou Longby Paras_99000
Energy coil in Axis BankFormation of energy coil near absorption zone is rare event, but is reliable. This is my trading journal, not a trade recommendation. DISCLAIMER: Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market. This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.Longby AniketKabirUpdated 1
Axis Bank All detail for chat. good entry at mark price only. and must stoploss is 700 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions Longby BUY_TODAY_Tamil0
Axis Bank Daily ChartGood Supply Zone Coming up for Axis Bank between 842-852. Sell at at 842 Target 1 - 824 Target 2 - 792 SL 855 Shortby MoneyMentors0
Axis Bank - Double Top PatternAxis bank has formed a double top pattern and a confirmation on the RSI Divergence. All of the markings are as shown on the chart. This is my personal view and for educational purpose only. Shortby vnagaraj08033
Axis bank Long if break 794 closing basis. Short if closes below 784 daily basis. Target either side 2% movement. Personal bias - Bank nifty is trading in a narrow range, breakout is possible.Longby guptapriyaankUpdated 2
AXIS BANK - BANK NIFTY DARKHORSEAxis bank is buzzing around the news of takeover of retail business of Citi Bank. The stock has finally getting momentum from last 2 weeks indicating a test around its resistance of around 815 to 820. once it starts sustaining above that a target of around 1000 is opened. the target is arrived by testing the previous lows around 600 - 650 range. So, a gap of around 150 to 175 points on the downside from the resistance, can see upside of around 150 - 175 points on the upside of the resistance which is a peculiarity of an Inverse Head and shoulder pattern. Moreover, from a fundamental point of view, the stock is seen outperforming various peers among its side. Target mentioned are for long term horizon of around 8-10 months. DISCLAIMER - I AM NOT AN FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE. Longby umangadatia3120
axis bank reversal ?NSE:AXISBANK is at critical level ( monthly, weekly and daily supply zones, price reacted from 45 min supply zone) from which it can either break ATH lehel and start creating new ATH values every week or it can follow the supply zone and give a reversal for nice shorting oppurtinities. if it stays below 800 and then breaks 795, then we shoukd see it fall further till 788 by today closing. Shortby reachtoajinkya3
TLBO & resistance BOgood to buy above hl only for educational purpose not for suggestionLongby chauhanucb0
Axis Bank longBreakout from trendline and a good bullish engulfing pattern. Can be bought above 800 for a target of 865. SL of 780. RSI also taken suppport from 60Longby manishpaul19881