is this going to be a good breakout? Thoughts?I observe that this is a good channel pattern. The strong resistance is broken with volumes greater than 10 day average.
Thoughts on this??
AXBA trade ideas
AXIS Bank BreakoutAXIS bank triangle pattern Breakout. Need to hold this level for a good swing trade with 5% SL below the previous Swing low. ATH now.
Simple Trade Setup | AXISBANK | 25-10-2021 [ INTRADAY]NSE:AXISBANK
Trade Setup for Date 25-10-2021:
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.
Axis Bank Inverse H&S pattern Axis Bank form Inverse H&S pattern, When it close above 826 it may give Good move.
Simple forecast based on Axis Bank's tradeline for the long termAXIS BANK : Simple forecast based on Axis Bank's tradeline for the long term.
Axis Bank is preparing to offer a trade line breakout based on the monthly candle. The stock could show a bullish rally above 950 with a long-term monthly support line.It can be a golden opportunity to invest for more than a year.
bay abov:- 835
tr 1 - 925
tr 2 - 1022
tr 3 - 1325
SL - 630
We are not a SEBI registered analyst. This is for educational purposes only. You must consult your financial advisor before you trade. We do not advise you to buy or sell. You can trade at your own risk. We are not responsible for your profit or loss.
Thank you.....
@Mj Supertrend With Buy & Sell + RSISupertrend strategy with buy and sell signal for better analysis of stocks the volume and RSI can enhance your Technical study.
Diwali damakaAxisbank looks very attractive anticipated good fireworks in this script kee eye on radar ....
Ascending Triangle patters an ascending triangle has been formed ,we can now go for buy in AXIS BANK , with a target of 1000 in upcoming days
Triangle breakout Axis bank is in consolidated phase from long time..
if the triangle breaks the target will be 525
Please note RSI is pointing upwards
Stopp loss will be 430
Simple Trade Setup | AXISBANK | 22-10-2021 [INTRADAY]NSE:AXISBANK
Observations:
1) On 1hr time frame we can see that it took support from the middle trendline of parallel channel.
The same channel was already represented in my previous ideas.
Now this middle trendline will work as supprot and the upper trendline will work as resistance.
Please refer below chart : 1hr Time Frame.
2) On 15 min time frame, it has made double bottom pattern. And now it is just below the breakout neckline zone.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date 22-10-2021:
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.
Support and resistance of AXIS BANK820 is major resistance for axis bank if it close above 820 with good volume than 30-50 points up-move come. But if it close below 800 than 20-30 points correction can come. 800 is strong support.
AXISBANK trade analysisI have market important levels for AXISBANK
- Currently it is near to 3 improtant support levels
PRICE ACTION TECHNIQUEAXIS Bank is following a wonderful chart pattern on the 1 day chart with a beautiful price action. Talking about the technique, the upper and lower trendline acts as resistance and support respectively. The median line also plays as a resistance and support role depending on whether the price is deflecting from below or above trendline. In this case we can observe that the price has crossed the median line from the below trendline, hence breaking the resistance of the median line which now will act as a support. Hence keeping in mind the above trendline as a resistance, we can keep that point as our target, and we can buy now at current market price, with stop loss indicated on the chart. Options can also be done on this chart, by buying 800 CE or selling PE. I personally prefer selling puts as it also makes money when the price is at strike price and theta decay is an additional bonus.
The RSI is also having a good momentum and this indicates that AXIS bank is a good buy for a small swing trade. Keep it simple and make smart money.
Keep following me and also comment on this analysis on what you think about it. Happy Trading Everyone!
18/10/2021 Research Report For AXISBANKDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself from this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single ruppe, please do your own rerearch according to your risk taking capacity and after that do invest and book profits on right time.
Buy Below 802 or Maximum 811
Target 1: 820
Axis bank Buy 805 SL 795 T1 811 T2 814 T3 822Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Simple Trade Setup | AXISBANK | 18-10-2021 [ INTRADAY ]NSE:AXISBANK
Observations:
1) On 1 day time frame, it is taking support from 21DMA.
Currently 21 DMA is placed at 789.68 level.
From OI data, We can establish that immediate resistance is at 810 and major resistance is at 820 level.
Please refer below chart : 1day Time Frame.
2) On 1hr time frame, we can see that it is in parallel channel support zone area and took support from middle trendline of it.
Upper trendline will work as resistance. Sustainable breakout of it will give bullish move.
Please refer below chart : 1hr Time Frame.
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Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
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.
AXIS BANK TRADE SETUP NEAR TO BREAKOUTAs you can see in the chart, in the previous day's Axis Bank share has tested 760 level multiple times.
.
And then gave the breakout, now again the stock tested multiple times the 805 levels.
.
And the stock is near to breakout if stock goes above 805, we can buy this call for the target of 820.
.
What's your view on this comment below in the box.
Axis bank, Go LongCurrently trading at ₹802 on daily chart, forming ascending triangle pattern, my first target is 828, then will have to wait for breakout for next higher target.
Kindly consult your financial advisor before trading.
I am not a sebi registered analyst
