intraday trading idea for sellintraday trading idea for sell
intraday trading idea in axis bank
selling setup for intraday
AXISBANK trade ideas
Trading ExecutionThis post is about simple entry,stop & exit,adapting the market movement. It will be useful to new traders. Watch it fully so that you wont miss important points.
Most of the time we do analysis and market give completely different scenario to handle. In this post I have explained about the trading execution using my yesterday’s analysis. I have explained the entries & stop.
Analysis - Reliance – Double top resistance @ 2400 – 2410. Mildly bearish. Price didn’t fall and went up.
Analysis-HDFC – Trend line support – neutral. Today took support & gave 35 pts move. I have marked the entry in the video.
Analysis-Infy – Consolidation –neutral. Today gave break out of 50 pts.
Analysis-TCS – Trend line support – neutral. Took support.
Analysis-ICICIBank - @ trend line support – neutral. Today gave 15 pts move.
Analysis-HDFCBank – Consolidation – no trend. 40 pts move today.
Analysis-SBIN – Consolidation – no trend. Gave upside break out for 10 pts.
Analysis-Kotak Bank - @ trend line support –neutral. Took support and gave 50 pts move.
Analysis-Axis bank – Descending triangle – bearish. Gave upside break out.
I have shared the link in which I have done the analysis.
axis bank wave analysis
trend continue to be upward either it can start larger wave 3 or corrective b
intraday buy Axis bankbuy axis bank in intraday between 694 to 697 and keep target of 720 and 2nd target is 733 and also stoploss of 683
Axis Bank Chart Analysis for next weekPrimary Trend : Bearish (Monthly)
Secondary Trend: Bearish (Weekly)
Minor Trend : Bearish (Daily)
Bearish momentum will continue until it breaks its major RESISTANCE "776"
Supports are: 713 / 687 & 663
Resistance : 725 / 735 / 750 / 763 & 776
AXIS BANK Wyckoff AnalysisAxis Bank Chart seems to be in Distribution Schematic of Wyckoff Trading Method Analysis. Probably short Period of time Axis Bank will give some short opportunity, move toward the price approximately 500 and after that some consolidation and Might be some rally can be seen in the future because of long term uptrend. For positional call right time to enter in the trade is to 500 and the possible TP could be 1200 from technical point of view. But who knows what future might hold?
AxisBank - LongWait for the levels to activate and initiate long position. Bank Nifty is currently at support zone and expect Axis bank to reverse from the marked levels.
Short Axis bankAxisbank is looking week in Daily chart
If you see the structure then seems breaking the support trendline but intraday got some support
If break 725 the expecting 685 and below
725 is crucial zone for Axisbank.
Technical indicators like RSI ROC Vortex is again showing selling sign.
Trade in option hedging that will give you confidence
Axis Bank Long SetupAxis reversed from the S1(729.40) level and closed above the Bullish Reversal zone indicating upcoming momentum towards upside in stock till Bearish Reversal(802) & R1(816) price marks. There are multiple support levels for the price, 1st at Bullish Reversal (744), 2nd at S1 (729.40) and last support stands at 714.50 which is also a Bearish breakout zone if stock crosses below this mark then we can see more bearish momentum in upcoming days. We can plan our trade based on these levels, till now we are long on the stock with stoploss below 729.
WaveTalks - AxisBank : Bulls are Waiting!!!50 WEMA (Weekly Exponential Moving Average) could give some bounce upside holding as support/ Once Stock crosses above 816 as confirmation level, It will zoom to 865 & 1000+ Targets in few weeks / months ahead.
A Good Portfolio Stock to be checked.
Stocks algo selection (23-02-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have select four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
Stocks algo selection (22-02-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have select four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
axis bank bearish wolfe waveaxis bank bearish wolfe wave, target and stoploss mentioned in the chart
Intraday Axisbank - 15m Axis bank is showing weakness in upside move from which I am expecting a downside fall, can look for shorting opportunity when there is a breakdown.
On the opposite if there is a breakout and Banknifty also showing signs of bullishness can go for long Entry.
Start of a short term downtrend?#Axis_Bank Weekly chart
Historically it is seen that after a neat term top axis bank share price corrects about 150-200 odd points.
In the weekly chart, we can see an EVENING STAR PATTERN (a bullish reversal pattern).
If the low 764 is broken we can see the prices fall towards 600(An opportunity for the long-term investors to accumulate).
Wave theory followers can see Wave 12345 done @ 866 and A done @ 648 and B done at 815 and Wave C is unfolding towards 600.
Disclaimer: Educational View
AXIS BANKAXIS BANK IS NEAR TO IT'S TIME WISE CORRECTION AND PRICE WISE CORRECTION IS NEAR TO FINISH,
I HAVE MARKED A 2 POTENTIAL BUY ZONE.
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I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets neither advice nor endorsement.
Axis bank is in consolidation zoneAxis bank form Rectangel chart Pattern. any side break be carefully with some confirmation trade.
axis bank is back in a range boundaxis bank is back in a range bound
we can see that axis bank is back in a range bound it exited the range 2 times in past but managed to come back
we can surely trust the companyt and invest for secure long term return
AXIS BANK DAILY TIME FRAMEFrom the chart, it can be seen that a clear uptrend is being followed by axis bank.it has also broken its main resistance level (764) .
Also completed the 4th wave ( correction) of Elliot wave theory. So if global market remains good we can see the stock price moving towards a target of 860.
Entry @ 781 ( or 790)
Target = 860
Stop loss = 754
RIsk to reward ratio = 3:1
The above entry is based on my analysis and is for educational purpose only.
use your own analysis and other indicators to enter the trade.
