#Axisbank cash -Positional call 27.12.2023 Looks good above 1115.10 and add dips 1100-1105 (After crossing 1115.10) Target 1180-1200 Stoploss 1080 Cmp 1105
Positional Opportuity above 1100. SL:1088 TP1:1138 TP2:1150 TP3:1168 Give this post a like, if you agree with this analysis. Disclaimer: This is my trading plan and i am just sharing it here. I do not intend to post it here as a trading advice or suggestion. It is shared here only for the sole purpose of sharing and discussing with fellow traders. Do your own...
Price is moving within the range of 1080 to 1106 for the past few days. How we can trade on it? 1. Buying at the support & selling at resistance. 2. Selling at resistance & buying at support. 3. If the price in moving without testing support/resistance, it means the range is narrowing and we have to wait for direction confirmation. I just listed 3 possibilities,...
AxisBank has formed the bearish pattern at ATH and if breaks 1108 on the downside, we expect to see 1045 and 1000 in upcoming trading sessions. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
Technical Analysis: AXISBANK on the 30-Minute Timeframe Hey Traders, I hope you're all having a profitable day! Today, let's dive into AXISBANK and explore an interesting pattern that has caught the attention of many technical analysts – the descending triangle. Chart Setup: - Stock: AXISBANK - Timeframe: 30 minutes Pattern Recognition: Descending...
Pattern -- Elliot wave impulse formation Current wave - Wave E reason: 1) wave D not overlap wave A territory( check in monthly chart) 2) Wave E reached 1.618(1162) level of FIB.(Before it look a resistance at 1.232(955)level of fib). Daily TF Analysis: 1) It look resistance at 1.618 level +highest OI 2) Histogram showing some weakness in MACD 3) RSI...
Axis bank is making a flag pattern at 1 hour with descending Triangle. It is a low risk high reward trade of 1:3. Strict Stop loss
Highly Probability Trade set up AXIS Bank on weekly chart
Excellent Price action 1. Breakout of multiple resistance 2. Retested the level perfectly -- meaning Resistance turned into support 3. Good 1:3 Risk reward Opportunity Not a recommendation.
Buy Axis Bank At Cmp 964 SL - 909 ( Weekly Closing Basis ) Target - 1125
Axis Bank appears to present a favorable opportunity for a long position. I've outlined the entry price, stop loss, and target levels for this stock within the chart. Please keep in mind that these are my personal opinions, and I don't recommend you follow them as stock tips. I encourage you to study the chart and share your feedback so that we can collectively...
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 980 and keeping a stop loss of 927 , look for the target of 1100-1120 in the coming weeks. Buy: CMP i.e. 980 Stop loss : 927 Tgt: 1100 Theory: The Cup with Handle is a bullish continuation pattern that marks a...
Why to trade? Aim only for long term. 1. At this highs with some fundamentals, it is under valued, 2. Breakout, 3. At trade, it is retraced(The Professionals Secret), Thanks for Day Trader Telugu and other masters helped me to learn market. I am not a SEBI registered Adviser, please do your own analysis or consult financial adviser for Entry, stop loss or Target.
2024 Profit Q1+Q2 = Cr 12,343 Current Year 2 Quarters Profit is more than full FY 22 & FY 23 . FY 22 - profit 14,200 FY 23 - Profit 10,900
The stock has reached its all time high levels and is now trading in an open territory with no resistance but as per the data suggests the stock has seen aggressive call writing at the levels of 1100 so the stock can see a halt there but before that the chart looks strong and a clear breakout on the weekly charts has been seen. One should look to buy on dips for...
Axisbank as per my previous analysis has mentioned that longs need to be cautious (link in related idea section), and it did gave a excellent short trade from there on. Now the recent price action is suggesting that price may start its another leg of upmove and further aggressive short here can be risky. Rest of the details are marked in chart
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Axis bank have nice move continuously getting upside power. In short period we expect this stock at 1105.