Axis Bank seems to be consolidating in a bullish flagAxis Bank moving in a bullish flag could be bullish if breaks above 819 with a SL of 780 and 1st target of 855 and second target of 870
AXISBANK trade ideas
IntrestingChart on all time frame & Approaching ATH Resistance Interesting ,as monthly ,weekly, daily all time frame frame showing
almost same clean pattern of similar like Inverted H&S pattern.
and in candlestick as well as line chart.
all time frame rsi/macd indicator on up trend and still leaving space for more upside,
for those who take long.
BUT from recent low level 285 of march'20 , now it is reaching towards
resistance of all time high(ATH) level 828-830 area of June'19...
while volumes are also now at lowest
of this upword movement representing something.
possibly wait and watch position ,
at this level to take fresh new entry .
to see good b.o. or not .
and its sustaining above ath and closing on all time frame
good to observe.
decide on ur own.
AXIS BANKAxis bank can give a good consolidation breakout in coming sessions, check chart for entry and sl levels.
#AXIS bank .potential breakout candidate on watchlistAXIS bank shows a potential breakout from a previous 2 year old resistance zone. Looks like it is forming
inverse Head and should pattern on weekly timeframes with neckline same as the resistance zone with potential to break out upside
If it worked out.Momentum and Trend indicators are showing bullishness on all timeframes now.Enter only on confirmation
of breakout with a green candle close above and tight stop loss below entry candle.
Wedge formationAs you can see how support turned in resistance and stock is near its all time high breakout go long above the top line
Axis Bank - Flag Pattern BreakoutAxis Bank - Flag Pattern Breakout on Hourly timeframe, positional trade
SL - 784
TGT - 850+
buy above given levelupward trend
triangle structure possible breakout
sl at mentioned level
profit 1 as mentioned
Axis bank Predictions!!Just an prediction .
support and resistance levels mentioned.
4h chart for intraday.
Trail st after targets.
Flag patternWhat is 'Flag' Pattern?
A flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. Usually a breakout from the flag is in the form of continuation of the prior trend. Flags give very high risk reward ratio which means relatively small risk and high and quick profits.
The flag pattern could be bullish or bearish pattern. Flags can be seen in any time frame but normally consist of about five to 15 price bars.
Descending triangle in Axis Bank The descending triangle is formed in the Axis Bank stock. keep an eye on the breakdown with good volumes.
If a breakdown happens with the rising volume you can short with a target of 763 approx.
for more analysis on stocks .
Axix bank flag or channel patternsNity is high so decide your way get profit only
Will breakout or not or down
A Bull flag on Axis Bank chart. Observe the channel Axis Bank is beautifully following. Good long opportunity above 796. Or it can follow the channel for one more day, in that case short below 785.
Axis Bank Buy on DipAxis bank looks good for positional view...!
We can see 910-920 rang.
Buying after this monthly expiry may reward...as we can see good dip to buy.
SWING TRADE BUY AXISBANKAlong with the momentum of BN, Axisbank is on buy for swing and short term trade
axis bank short break out1D candle patterns shows that a bullish flag pattern formation. this shows that a high volume will break the pattern in upcoming days. only for study purpose
#Axisbank cash : Looks good above 800.10#Axisbank cash -Positional call
08.09.2021
Looks good above 800.10
stoploss 785
Tgt 818-820/840
cmp 794.70
AXIS bank Trading in a Channel Axis bank is trading in a channel ,
The trend is bullish,
upside breakout is expected
Keep eye on volume if price rises with volume than it can again make an all time high.
On big chart is also looks like flag pattern
