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 .
Trade ideas
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
Axis Bank Positional Short Trade Setup!Axis Bank Break Trendline Line Support Sell Positional ~ 913, With Stop ~ 940, Target ~ 850, Time Frame ~ 6 To 10 Day's.
Short Axis BankAxis Bank form Head & Shoulder Pattern in daily time frame
RSI Below 40 - Bearish Sign
Short Build up in future - bearish signal
sell near 904
target 840
head and shoulder in Axis BankHead and Shoulder pattern formation in Axis bank. Buying opportunity will be there around 830-840
AXIS Bank Short Term view Axis bank had a good consolidation for the past one and half month and it broke out of the zone with a strong bearish sign .
This break down can help in the descending wedge channel that is being formed from 960 levels .
Once the channel is completed , we can get a more view on which side the stock is heading towards with the additional pattern of flag and pole .
If you are planning to long / short suggesting you to avoid till the budget session is completed & for the channel to be completed .
Price levels 800-820-840 acts as crucial support/demand zones as the weekly breakout happened at this price .
