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Axis Bank Swing TargetsThe FASP for Bandhan is listed for 29-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: Up to 6 Months How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:AXISBANK
by SathishChandrasekaran
AxisBank AnalysisConsidering the bullish trend with the banking sectors , Axis Bank performance is much better when compared to its competitors . Currently Axis Bank almost made a 78% retracement from the ATH levels . Current pattern and ascending channel is formed . We might expect some pullback to the 860 levels once a breakdown is confirmed before an further upward movement . 900 levels acts as strong resistance zones . If one wants to take a long position make sure the ATH levels are broken . If you look at the weekly or monthly time frames the stock is already broken out of its structure . Note : Trade what you see not what you feel . This is just view based on current market trend and pure analysis purpose . Please consult with your financial advisor before you deploy any real money for trading .
NSE:AXISBANK
by AdhiSudalaissj