Axis BankAxis Bank
Mild Bullish trend in Short Term till it remains within the Pithfork.
Breakout can give further strength.
NEGATIVE/BEARISH if Breaksdown.
AXISBANK trade ideas
My view on Axis bank As i can see a double bootom chart pattern so i am bulllish on this stock and my double screen decison also clearify me with this bullish trend and the targets for the same are :
T1 - 730.70
T2 - 817.80
Axis Bank - Cup and Handle breakout viewAxis Bank :
Looks great for a cup and handle breakout
Long above 690 with SL 680
AXIS BANK - 27th May 2022Stock in Support Zone - Break of Zone in either direction can result in move towards targets highighted on Chart.
Be Cautious on Downside Breakout as sharp reversals can happen
Axis Bank - Cyclical Move, Price actionThis stock has been in a cyclical move since 2019 as can be observed from the monthly, weekly charts. Again it has reverted back from its support. This stock should continue its upmove in line with its historical cyclical movement. Upper price band seems be around 800.
Axis bank.. Morning starAxis bank.. In a weekly time frame and daily time frame it is range bound.. And we can see morning star formation at the bottom of a downtrend,at the support level... We can go bullish with a target 800 and 640 stop loss.
AXIS BANK BULLISHFocus Axis Bank makkale. Long term accumulate panaravanga take a view and also focus for swing and short term with strict stoploss.
Still NIFTY is in SELL ON RISE trend,so manage the risk.
Thank you for following.
#axisbank Swing trade opportunity NSE:AXISBANK
stock taken support from one of strong support level. target mentioned on trailing basis on chart.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
AXIS BANK: Peculiar Reversion Or Trend continuation?Axis bank has been in the consolidation phase for more than 15 months. Prices fall rapidly after the crossover of 50 & 200 EMA . We can draw two control lines which can be helpful for target measurement.
If the price enters into the parallel channel, and after retracement sustains above 680 , traders can trade for the following target of 692 - 714 - 752 . Demand pressure can lead to the price at the upper band of the parallel channel.
Failure of sustainability above 680 may lead to a new low.
Let market earmark first before you commit to the market.
Morning star pattern?Axis bank might be looking good for long on daily chart has formed bullish morning star pattern
This is my perspective for educational purpose
AXISBANK Triple bottom and reversal from supportThe side effect of technical analysis is that every person can have its own view depending upon the timeframe or pattern they are using. For e.g. some one can see breakdown from double bottom and go short or someone can see support of July 2021.
Or someone can see this stock as creating lower lows.
I see 20% up and down move every month. So with the small SL of closing below support entry can be taken with the trendline as trargets.
Axis BankAxis Bank
The stock has broken the important averages. (100EMA & 200EMA) on a weekly TF.
Can short at a CMP with a SL of 649-651
Rectangle channel breakdown (trend reversal ) at AxisBankBe Cautious Double #Rectangle #channel #breakdown (trend reversal ) at #AxisBank weekly chart.
#Rectangle #channel
This pattern is formed when there is a tough competition between the bulls and the bears, no body is ready to give up resulting in equal highs and equal lows. That is why this pattern is also known as consolidation zones.
Breakout: It can occur in any direction upside or downside. If the breakout is in upside direction, it indicates that the bulls have taken over bears and indicates a buy signal. However if the breakout is in downside direction it indicates selling pressure or victory of bears over bulls and indicates a sell signal.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown
Short Axis BankStock Name: #AxisBank
Action: Sell
Entry: 768.80
SL: 783.50
Target: 724.80
NSE:AXISBANK
Axis Bank technical analysisAxis short term pullback or reversal?
buying opportunity.
positive momentum
Axis Bank forming Ascending wedge pattern Axis Bank forming Ascending wedge pattern & each time having resistance at the same area near 800. So this is the good time to enter. Advisable entry above 700 on daily closing basis, keep SL 630 for targets of 750,800. And looking at the trendline support it looks now Axis Bank is going to break the resistance and we can see 850,900 also. This is just for education purpose; do your own analysis also.
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 below
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 .
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.
