UZC trade ideas
buy axisbankit has retest its previous breakout and some buying interest is visible. also RSI divergence is visible. we may see upside till 875/890 in coming days. view negated below 815 closing basis.
BOUNCE POSSIBLE FROM SUPPORT LEVELMany times this stock taken bounce so we are expecting again bounce on this level.
Axis bank Range Breakout RetestedAxis bank was in a range and has given its breakout with a very bullish candle and gave no chance to trade at that time but now the price seems to have RETESTED breakout level and started moving taking support from that breakout area.
Entry can be made at the current market Price of 867
Stop Loss would be at the last Swing i.e. 823
Reward - it shows a target of 1000 and there is long term resistance also at 1000
AXISBANK BULLISHAxisbank Closing 867.8 with stoploss 855 then targets are 890-920-935.
Buying Reason.
1 --> Price closing above 20 ema and face resistance at 50 EMA.
2 --> RSI is 50.9.
3 --> ADX is show the #Bullish move and +DMI is #Rise.
4 --> #Volume is also show the bullish and above average.
5 --> #Bollinger Bands are open and ready to squezee or come to near Upper Band.
#AXISBANK Upward movement potential RISk:REWARD =2.09#AXISBANK Upward movement potential with risk: reward ratio 2.09.
BUY at 861 with SL 839 and Target is 904
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NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
Axis Bank CnH BO and retesting done #AxisBank had break out at 825 and now retested the same.
Top class Private sector bank. Can see 910/1000/1100 in coming months
AXISBANK - Head n Shoulder breakdown - 5% downside potentialAXISBANK has given Head n Shoulder pattern breakdown.
Target is coming to 850 levels in 5-8 days.
SL: Hrly close above 910.
Evening StarAn evening star is a candlestick pattern used by technical analysts to predict future price reversals to the downside.
Although it is rare, the evening star pattern is considered by traders to be a reliable technical indicator.
The evening star is the opposite of the morning star pattern. The two are bearish and bullish indicators, respectively.
Script = Axis bank
Time Frame = 15 min
AXIS BANK Hourly looking bullishAXIS BANK Hourly has trendline breakout / Inverted head n shoulder breakout.
Good to buy at 861 for target of 890 with sl below 850
Axis Bank The price is entering in the demand zone again and again weakening the buyers confidence, just waiting for it to break the demand zone completely a short short from there.
AXIS BANKbullish engulfing pattern seen at good support
can take reversal from here.
this post is for education purpose, this is not a tip or suggestion just my view and my observation.
i will not be responsible if you will have profit or loss
Ascending Channel An ascending channel is used in technical analysis to show an uptrend in a security’s price.
It is formed from two positive sloping trend lines drawn above and below a price series depicting resistance and support levels, respectively.
Channels are used commonly in technical analysis to confirm trends and identify breakouts and reversals.
Script = Axis bank
Time Frame = 15 min
Axis BankAxis Bank has closed near the gap with positive candle one can go long above 850 sl 830 tgt 890
Disclaimer :- I am not SEBI Registered Analyst kindly consult your advisor before taking any Trading Decisions .
AXISBANK✅ Price respecting 812-851 Level for long time and now price cone to zone.
✅ On reversal you can look for Long.
✅ But on 1hr. time frame price will respect 904-916 level and this level it act as continuation level.
✅ If price don't hold 812 level then you can look for short on retest with reversal.
AT IMPORTANT LEVELAXISBANK is trading close to flip level, any bullish structure at this could lead to a good RR reversal trade
Bullish HaramiA bullish harami is a candlestick chart indicator used for spotting reversals in a bear trend.
It is generally indicated by a small increase in price (signified by a white candle) that can be contained within the given equity's downward price movement (signified by black candles) from the past couple of days.
Script = Axis Bank
Time Frame = 15 min
Axis Bank : BullishI am very bullish on Axis Bank when it able to sustain above the important support zone. Once it starts to go upside, here is my first target to achieve.
axis bank - LONG POSITION - SWING TRADENSE:AXISBANK
after downtrend , consolidation is going to complete, sustaining on strong support level, ready to give big mood on trendline breakout,
SL AND TARGETS ARE GIVEN
Axis Bank monthAgain publishing my 8 month old chart in monthly time frame just to show how precisely price follows the pattern , but the most important is price relation with time, is it Hindenburg or time, if price is destined to fall, a trend line got confirmed in June'2019, resists the rocket movement of BN in Jan'23, even after a big fall still trying to honor below trend line,
