Amazing breakout on Weekly / Daily Timeframe - AXISBANKCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
AXB trade ideas
Axis bank breakout with all time highCurrently axis bank is trading at its all ttime high and given a breakout from its previous consolidation it can retest at the levels of 1045 someone who is planning for buying can go with the levels of 1045 any confirmation at the levels of 1045 will be indicating a buy position. Long term investor can buy at current levels
Buy cmp
Sl-1000
Target -1120-1150
AXISBANK Simple price action, formed higher high pattern.
Industry and Business: Axis Bank is a private sector bank offering a range of financial products and services, including retail banking, corporate banking, and treasury operations.
Looks good for short term / Long term investment. Trading at 1029, nearest Resistance is at 1054.. Keep SL at 948
Target
1178
1396
1617
1834
Axis bankPrice has formed a rising wedge and the consolidation is getting narrow.
Pattern : Wedge.
Range : Medium.
Trend strength : Normal.
Buy Above : 994.
Stop Loss : 989
Targets : 999, 1004 and 1010.
Sell below : 985.
Stop Loss : 990.
Targets : 980, 975 and 970.
Price in one hour time frame.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Axis Bank: Uptrend continues, swing traders can buy
Axis Bank is currently in an uptrend, and swing traders can look to buy above the recent swing high of 1013.50 for a target of 1033. A stop loss below the recent swing low of 988 is recommended.
Sure, here is a fine-tuned version of your Axis Bank trading idea:
Axis Bank: Uptrend continues, swing traders can buy
Axis Bank is currently in an uptrend, and swing traders can look to buy above the recent swing high of 1013.50 for a target of 1033. A stop loss below the recent swing low of 988 is recommended.
Technical indicators:
RSI: Bullish on the daily chart
MACD: Bullish crossover on the daily chart
Key support and resistance levels:
Support: 1013.50, 999.50, 988
Resistance: 1033, 1047, 1061
Trading strategy:
Buy above 1013.50
Target: 1033
Stop loss: 988
Please note that this is just a trading idea and not a financial recommendation.
I have made the following changes:
I have added a more specific target price, based on the recent swing high.
I have added a stop loss below the recent swing low, to limit risk.
I have added technical indicators to support the trade idea.
I have clarified the trading strategy.
I have added a disclaimer at the end.
I hope this is helpful!
AXIS BANK TRADE BUY PUT 👑💸💸👑Royal Trade👑
AXIS BANK IMPORTANT LEVEL
We buy PUT and my Target in Video
Dont buy any trade without stop loss
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Axis Bank will continue Downtrend we are holding sell from 1022On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
AxisBank Cup & Handle 1D
AXISBANK 1D chart is exhibiting a cup and handle with retest Bulls and bears fighting for dominance, although bulls seem to be winning with this cup and handle in place.
Would be interesting next few days to see which side the tide turns and therefore which side do we need to turn and enter our position.
Axis Bank: Pole and Flag formation Near ATHStock is forming pole and flag price action pattern near ATH or you can also see it as consolidation before making a big move crossing all previous resistances.
Stock can move upto 1045 as per Pole and Flag targets.
Other targets can also be derived from Extension based FIBO.
DISC: For educational purposes only. Please consult your financial advisor before making any investment.