#Axisbank Analysis Stock after taken support again near BO level forming round bottom pattern with good volume, follow chart for proper entry and exit levels. As banking stocks are posting good numbers, so strong point for long.
AXB trade ideas
Neat & Clean breakout seen in Axis BankProper Neat & Clean Breakout seen in Axis bank, Price is above 200 Daily EMA. RSI and MACD both showing a positive reversal in price. Chances are very very high we can see Axis Bank 915+ levels. So accumulate here at current price 880 and go for target which i placed on Chart.
Please follow strict stop loss.
For option lover:-
Buy Axisbank May 800 Put option at 3.4
&
Sale Axisbank May 900 Put at 32
stop loss 65
Chances are very high we can reach target till first week of may month.
Please use proper stop loss to long this trade.
VIEW ON AXIS BANKBanking stocks seems to be in a good up move
Axis to cross yesterday's high
Target 881/887
Stop loss 865
I am just representing my views.
Foe educational purpose only.
AXIS Bank Triangle patternAxis Bank is testing the resistance of the triangle pattern, breakout with good volumes will give a good rally.
Axis bank inverse H & SAxis bank has retraced t 50% on Fib and has made an inverse head and shoulder pattern. this is a bullish indication. we can expect it to reach 900 soon.
axis bank chart explained as per setup
the earlier resistance got cracked out with volumes
during the current nifty down move,
the stock witnessed support at 800-820 zone
now a breakout above 875 would be a confirmation of long
with a stop below 845 for target 925-940.
AXISBANK | INHS setup - Looks easily potential for 12-15%AXISBANK | INHS setup - Looks easily potential for 12-15%
CMP : 864 (Dip : 850)
SL : 810
Target : 950
AXISBANKAXISBANK is trading in descending channel & its trying to breakout of channel, wait pateintly to break 852 then its a buy for very short term.
Could be bought above 852 with mentioned stoploss & target till EOD/GAP-UP.
Axis Bank: What does it say?Technical Analysis :
Here are some key points to note about Axis Bank's chart:
1. Successful Breakdown of Head and Shoulders Pattern : The chart shows a successful breakdown of a head and shoulders pattern, which is typically a bearish signal. This suggests that there is a downward pressure on the stock price.
2. Failure of Double Bottom Pattern : The chart also shows a failure of a double bottom pattern, which is another bearish signal. This further reinforces the idea that the stock price may be headed lower.
3. Below 20-day Moving Average : The stock price is currently trading below the 20-day moving average, which is a bearish signal. This indicates that the stock is in a short-term downtrend.
4. Weak Support : The chart suggests that there is weak support for the stock price at its current level. This means that if the stock price continues to fall, there may not be strong support to prevent further declines.
5. Highest Open Interest at 800 Price : Based on the above factors, it is possible that the stock price could fall to the 800 price level, which is where the highest open interest is currently located . This means that there are a large number of open positions in the options market at this price level, which could act as a support level for the stock price.
However, it is important to note that this is just a possibility and the stock price could also move in a different direction.
Axis Bank SwingWeekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move
Good Buying Opportunity, Excellent RRThe Stock is moving in a HH Pattern and looking like the correction in over.
Axis bank case studyBullish alter shark pattern formation
Bullish divergence on RSI with respect to price
Demand zone as per previous swing high/low
Axis bank case studyDemand zone as per previous life high levels
RSI at support of ascending trend line..
CIP concept of price action,
AXIS BANKTHE IDEA WILL BE ONLY FOR STUDY PURPOSE . wait for the breakout till then keep your eye on the stock
AXIS Bank weekly chart bullishAXiS Bank forming bullish pattern on weekly chart.
Support & Possible Target are mentioned in chart.
Upside Possible. RR 1:2.4Scrip showing strength and there is a possibility of upside in good RR. if we are getting the scrip near 840 then it can be a good trade. keep this scrip in radar.
AXISBANKAxisbank made 3 candle reversal pattern & trading above last 2 last day's high, that confirms the pattern.
Could be bought with mentioned stoploss & target.
Huge trendline broken Higher timeframe trendline has been broken with decent volume
Can be entry at retest at trendline with rough 1.8% SL only with huge TGT
Go for next month future or forward month future
Educational purpose only
AXIS BANK TP 1330Axis bank retested previous all time high and Ascending triangle Monthly BO zone 820, can expect pattern next target which come around 1330.
ALL IN ONEHello guys as all we know that the brutal selling is going in markets so I am trying to find out some well placed (according to my knowledge) key support levels for the heavy weightage Giants of nifty 50 which probably will play the important role for raise or lower this selling pressure from the benchmark index, simultaneously we get to know our good prices of accumulation of favorite one's so for that the all data I am sharing below hope this data will help you.
RELIANCE
INFOSYS
STATE BANK OF INDIA
GRASIM
INDUSIND BANK
BHARTI AIRTEL
NESTLE
SUNPHARMA
BPCL
AXIS BANK
𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄.
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
