Axis Bank The price is entering in the demand zone again and again weakening the buyers confidence, just waiting for it to break the demand zone completely a short short from there.
AXB trade ideas
AXIS BANKbullish engulfing pattern seen at good support
can take reversal from here.
this post is for education purpose, this is not a tip or suggestion just my view and my observation.
i will not be responsible if you will have profit or loss
Ascending Channel An ascending channel is used in technical analysis to show an uptrend in a security’s price.
It is formed from two positive sloping trend lines drawn above and below a price series depicting resistance and support levels, respectively.
Channels are used commonly in technical analysis to confirm trends and identify breakouts and reversals.
Script = Axis bank
Time Frame = 15 min
Axis BankAxis Bank has closed near the gap with positive candle one can go long above 850 sl 830 tgt 890
Disclaimer :- I am not SEBI Registered Analyst kindly consult your advisor before taking any Trading Decisions .
AXISBANK✅ Price respecting 812-851 Level for long time and now price cone to zone.
✅ On reversal you can look for Long.
✅ But on 1hr. time frame price will respect 904-916 level and this level it act as continuation level.
✅ If price don't hold 812 level then you can look for short on retest with reversal.
AT IMPORTANT LEVELAXISBANK is trading close to flip level, any bullish structure at this could lead to a good RR reversal trade
Bullish HaramiA bullish harami is a candlestick chart indicator used for spotting reversals in a bear trend.
It is generally indicated by a small increase in price (signified by a white candle) that can be contained within the given equity's downward price movement (signified by black candles) from the past couple of days.
Script = Axis Bank
Time Frame = 15 min
Axis Bank : BullishI am very bullish on Axis Bank when it able to sustain above the important support zone. Once it starts to go upside, here is my first target to achieve.
axis bank - LONG POSITION - SWING TRADENSE:AXISBANK
after downtrend , consolidation is going to complete, sustaining on strong support level, ready to give big mood on trendline breakout,
SL AND TARGETS ARE GIVEN
Axis Bank monthAgain publishing my 8 month old chart in monthly time frame just to show how precisely price follows the pattern , but the most important is price relation with time, is it Hindenburg or time, if price is destined to fall, a trend line got confirmed in June'2019, resists the rocket movement of BN in Jan'23, even after a big fall still trying to honor below trend line,
Trading in the zone from last 2-3 sessionsIntraday traders keep an eye on Axis Bank stock
It is trading in the specific zone from last few trading sessions and respecting these levels very acurately
AXIS BANKaxis bank closed above 875 an important key level. if holds above 873 could move towards 915 level in few upcoming days , place sl at 870.
Retesting the BO zone#AXISBANK Weekly
- Retesting the BO zone
- Making a indecision Weekly candle
Disc :- Let is reject 1st and then look for a good setup.
Axis Bank on support and generated bullish harami candleThe results were good and after 951 stock has corrected to good level.
At support level and we have a confirmation of bullish harami candle.
Tomorrow once the high is taken out the stock has the potential to move up
Axis Bank 2hrAxis Bank 2hr time frame
if axis bank breakdown level 841.. it will go down side..
1st target 824
2nd target 817
keep add this in your watch list...
AxisBanks - Longs be careful AxisBank after giving a super momentum on upside is currently seems to be forming ending diagonal in its wave 5 as per my understanding, which is a rising wedge structure and breakdown of it can give a good correction.
Longs need to be careful here ...
intradayv shape recovery . both side potential it can go up if it is breaking the zone and downward as well.
15min timeframe
targets are marked
follow risk management and respect your stoploss
