AXISBANKCMP: 688
640-650 has been an important level.
Taking support at this level.
Ready to go up by 10% and more after consolidation/ pullback.
AXBA trade ideas
Simple Trade Setup | AXISBANK | 10-01-2022 [ INTRADAY ]NSE:AXISBANK
Observations:
1) On 1 day time frame, we can see it failed to close above 200DMA and face resistance from it and made bearish spinning top candle.
Please refer below chart : 1 day Time Frame.
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Trade Setup for 10-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Will Axis Bank's current trend continue or shift?Looking at the chart in the lower time frame, it gives a good break out from the trend line on December 31st, 680. Give 9.3% up move also powering bank nifty. On a daily chart, it is nearing major resistance as you can see, and also a fib line as well. If that is being broken, we can expect a quick up move again or a drop.
While looking at the overall market condition, we can expect it to act as a resistance. I consider it a negative trend until it sustains above the fib line. Let's see what happens and keep an eye on it.
Axis bank long Breakout retest possible buy near 720 for a target of 760/800 stop loss 698
Good fundamental stock
Trading Idea #4 For week starting January 10 #AXISBANKStock is trading above key resistance level. Past week it has moved significantly upside. Up moves have been backed by volume. It can be a long candidate with RISK and REWARD ratio of 1:2.70
axis bank will move upward NSE:AXISBANK
axis bank will move upward again, check 200 EMA,50 EMA, with support level and fib levels. Also, we can see a double bottom chart pattern, which means a trend reversal.
Short🔴 AxisBank is sustaining below 200 DEMA and looks most weak among other private sector banks.
🔴 Most likely to test 623/600 in coming days. If one not okay with shorts should #Hedge his holdings.
My Axis bank investment strategy.In the above Chart of Axis bank NSE, India you can see the formation of "Double Bottom" chart pattern so when the price came to retest you can invest in axis bank.
and, also axis bank is one of leading bank in Indian Banking Sector with the ROE of 7.58.
#Axisbank cash : Looks good above 682.50#Axisbank cash -1-2 Days
02.Jan 2022
Looks good above 682.50
Stoploss 677
Target 689-690/698/708
Cmp 680
AXIS bank looks bullish target 15%axis bank is in a channel pattern which can give atleast 15% return
Simple Trade Setup | AXISBANK | 07-01-2022 [INTRADAY]NSE:AXISBANK
Observations:
1) On 1 day time frame, it is near it's big resistance which is 200DMA.
If it trades above it then we can see a good upmove. And if it fails to trade above then we can see down move.
Positive thing is that, it closed above yesterday's closing. Immediate support is 720 level.
Please refer below chart : 1 day Time Frame.
2) Also On 1day time frame, we can see it has made double bottom pattern and closed above neck line of it.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 07-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
WAIT AXIS BANK PULL BACK LONG TRADEWait for AXIS BANK PULL BACK 710-720 after take BUY DECISION take the own alalysis in your own way
AXISBANK LONG Good buying opportunity .
Formed W pattern .
Above 200EMA
taken support from trendline .
and now about to broke the w neck level .
we can make entry for 12% .
just my opinion not any buying recommandation .
AXIS BANK SHORT-TERM SWING TRADE! Hi everyone, Axis bank short term swing trade consider buy above: 685 target: 708 stoploss: 675
LOGIC BEHIND TRADE: Stock has recently given correction & formed double bottom pattern & given break out of it`s resistance and pull back above 685 stock will continue it`s journey upto 708. (Target is identified from harmonic xabcd pattern level 0.786) stoploss is taken previous swing low of pull back, RR is good for short term swing trade in this stock. NSE:AXISBANK
Axis Bank -- At crucial level for very good RRCan go long here with small sl as shown on chart for a very good reward.
Please do your own study.
Tomorrow target for intraday traders This video may give profit to intraday traders
learn something before you trade
AXIS Bank Ready to FLY nowAXIS Bank
On the verge of a Trendline breakout
Double bottom pattern
RSI looks strong
Disclimer: Education purpose only.
Axis Bank Trade Setup For TomorrowAs you can see stock is consolidating between the range,
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If Stock goes below 661, we will sell this trade for the target of 647.
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What's your view on this comment below in the box.
