Cup and Handle Pattern in Axis BankCup and Handle Pattern in Axis Bank
Buy @760 SL 740
Target 800-810
AXISBANK trade ideas
AXIS WAITING FOR BREAKOUTaxis bank ready for break out , buying level and selling level mentioned in chart
Axis Bank - Set to Move UpAxis bank has formed a reverse head and shoulder and current consolidation phase seems to be ending. Likely to witness strong upmove above 765 in medium term.
Target -1 815, target 2 - 860 stop loss 730
Note/Disclaimer : This view is only for educational purpose. It is not a trading recommendation. No trade should be initiated based on this view.
Simple Trade Setup | Axis Bank | 16-08-2021NSE:AXISBANK
Since last 3 days it failed to closed below 755 level and taking support from it.
And it has been making triangle pattern on 15min time from since last 3 days.
Breakout of this pattern on either side will give good move.
Levels and targets are mentioned on the chart. I hope it is easy to understand.
Do comment your doubt or suggestion.
All the best for next week and enjoy your weekends.
Buy Setup on AxisBankAxisBank has been consolidating for a few days and after a long time, buy setup has been formed on Daily chart which is quite sustainable in this kind of volatile market. This stock can be bought at current price or less risky traders may wait for a breakout and buy above 770 with SL 755 for both trades.
Gann Roadmap for AxisBank is:
757 771 785 799 813 827 841
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Axisbank intraday trade idea for 12th Aug#AXISBANK entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter. #INTRADAY
Note - just a hunch, it shall fall badly from 775 levels.
Axis Bank Elliot WaveAxis Bank Currently In correction mode u can go Short with a target till wave 4 SL as high of wave 5.
POTENTIAL SHORT TRADE IN AXISBANKNSE:AXISBANK
Entry should be initiated after the close of hourly bar below the yellow trendline.
Targets and SL mentioned on the chart.
Inverted head and shoulder breakout inverted head and shoulder pattern in axisbank
at the level of 776 it can face resistance and up side target will be 808
level of 756 will be immediate support where if it goes below next support 739 there can be find a sell off
Axisbank Looks Weak !A big bearish candle has been formed in daily chart.
Closing below previous low.
RSi trending down.
Sustains below 726 can move towards 680.
TGt may be 705/690
SL 736 Dclbs
Option Strategy : Sell July 720CE
OR
Buy Aug 720PE
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Axis bank on radar. Cup and handle breakout retest completed one can go long for the targets of 770 with strict stoploss of 749..
Axis bank reversal started after hitting virgin cprAxis bank reversal started after hitting virgin cpr.
AXISBANK Cup And Handle DailyAxis bank or we can say private sector is working good. 5 month cup on aaxis bank is spotted trade accordingly
AXIS BANK 1 hr analysisAXIS BANK has been bearish on the last session
now its on the support zone, we have seen a bounce
at the end of the session, now it is the best place to go long
Target 1 would be 755, nd the 2nd will be 765
Axis Bank - ViewAxis Bank :
Setup Looks good (Cup and Handle) but not convincing
Need to Breakout stronger
