AXBA trade ideas
Axis Bank Chart analysis |Result DayAxis Bank Chart analysis
Negative divergence observed...
We should be in hurry to take it...wait for perfect time
Axis Bank ShortStudy Date-14-10-2022
Degree Two Divergence Short Axis Bank Below 804 Add More 830 -840
Stop Final 855
TR1-752
TR2-712
TR3-685
TR4-652
Axis approaching breakout #axisbank
Good pattern formation on weekly charts.
In daily charts it's a breakout, but won't take it becoz of low RR.
Waiting for weekly breakout to enter
#vr
Weekly Breakout in Axis BankBuy above 817
Stoploss 785
Target 866/900
Weekly breakout in axis bank with rising volume
Axis Bank - Will it break or not?Axis bank is continuously moving in a channel. Now it made a bowl pattern at its resistance level from where it can give a 2-3% rise if breaks.
Another point is that we can see a good fall if it faced rejection. It can later go up to the lower level of the parallel channel .
As of today, it closed with good volume if the market opened in a good range then we can see good buying in AXIS BANK, which lead us to the target of 830 from our current position and the second target of 850 (where it previously faced resistance)
If the stock faced resistance then we can see consolidation for some time and that consolidation will decide its upward and downward direction for the downward direction we are having the support of 785 and the second support at 750.
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Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
Preparing for a BO ?????>In a consolidation zone dec 2018
>7th approach to resistance i.e - 815
>6th approach post 2020
> Trading above 200 MA in both weekly & daily chart
>Strong Bounce from 200 MA on a daily chart
AXIS WOKE UP AGAINAxis bank looks good by breaking falling trendline resistance with good margins and succeed to close above that, giving bullish divergence breakout on RSI indictor too by breaking pervious resistance on that so we can see a nice up move in this stock from here.
Cause of long-:
1- Falling trendline breakout.
2- Rsi indictor breakout.
axis bank long it may go long as per my analysis you should do your own too please wait for confirmation then go for trade with stop loss NSE: AXISBANK
AXIS BANK: Three Black CrowsStock has witnessed selling pressure from the previous swing resistance on the daily chart and formed a Bearish reversal candlestick pattern which is know as Three Black Crows. Prices have also broken the rising trend line established from Jun'22 low of INR 618.25 which suggest that prices may face more weakness in the coming days.Hence any retracement from the current level should be taken as selling opportunity for the downside objective of 700 zone which is fibonacci 61.8% retracement level of the previous rally.
In the Three Black Crows Candlestick Pattern, all the three candles have bearish close consecutively.
Each candle opens and closes progressively lower than the first.
Each candlestick should have big real bodies and very small or no shadow.
Trading strategy: Sell on rise near 760-770 keeping SL of 794 and look for the target of 720/694
AXIS BANK - DAY CHART - 26.09.2022 - BAHAVAN CAPITALAXIS BANK as per Daily chart analysis stock Below 738 then Target is 732 / 722 / 714.
With FII Net Selling 5101.30 Crores and DII Net Buying 3532.18 Crores it looks like FII have begin the selling once again and tomorrow could be an important day to see whether market is able to recover by consolidating forming a Reversal Doji candle in Nifty and Bank Nifty or continue to fall. Lets see whether the market if at falls can take reversal at jun 17th 2022 Nifty level of 15183.
I have Bought Vedanta and will continue to buy more stocks during this correction.
Happy Profitable Trading to all..
Happy Navaratri wishes to All...
AXIS BANK INTRADAY ANALYSISAxis bank has broken a rising trend line and has given a strong closing below it. prices has been in correction for 4 days and a minor retracement or consolidation can be expected. Proceed with caution if initiating a short position.
Axis bank ready with retracement very less stop loss 1:12NSE:AXISBANK Axis bank ready with retracement very less stop loss 1:12... it is only for education purposes only
Axis BankApproaching trend line need to see if it holds.. banknifty is weak so probability of holding this level is low
Bearish view on Axis BankBearish divergence on daily charts near resistance
Price broken trendline
Trendline on RSI broken on downside
MACD turned Red
AXIS BANK SHORT M PATTERNhello friends as you can see that now market is making m pattern that means market will be bearish trend i hope you like my idea thank you.
Axis bank shortThis is only for education purpose only. Please check your own analysis before you take a trade
[POSITIONSL] AXISBANK LONG IDEAAXISBANK is currently trading at a big resistance zone that is trying to break it. This Resistance zone has touched 5-6 times in the past but could not breach it.
If AXISBANK breaks this resistance zone it is a very good candidate to go long for target of 1000-1100s .
Entry :- 825
SL :- 722 (Last swing low)
Target :- 1022
Please Note:- AXISBANK is almost at ATH also the overall markets (NF/BNF ) are near ATH. So there is a chance of correction, pullback even after the break of this zone (due to overall market conditions ) so we have to be cautious. We will wait for the closing Above entry point for two days before taking this trade.
Axis bank Axis bank breakout 800 and Retersement 812 for buy and long term target 950 for 30 days tek action
