AXIS BANK - TRADING NEAR SUPPORT ZONETrading near support zone 1100-1125 This is just an idea. Trade or Invest at your own risk. by Trading_Ideaa114
Hammer Candlestick Pattern Seen at bottom in Axis BankHello everyone i hope you all will be doing good in your life and your trading as well. Today i have brought axis bank analysis which is has formed Hammer candlestick pattern at bottom of Important support zone, Axis Bank Limited is a private sector bank. It has the third-largest network of branches among private sector banks and an international presence through branches in DIFC (Dubai) and Singapore along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai and an offshore banking unit in GIFT City Market Leadership - 3rd largest private sector bank in India - 4th largest issuer of credit cards - 19.8% market share in FY24 Branch Network In FY24, Bank added 475 branches (125 in Q4FY24) to its network. At present, it has a total of 5377 branches, 16,026 ATMs and Cash recyclers. The region-wise breakup of branches is as follows: Metro - 31% Semi-urban - 29% Urban - 23% Rural - 17% Loan Book Retail loans account for 60% of bank's loan book and corporate 29% & SME loans 11%. Retail Book Home loans account for 28% of retail book, followed by rural loans (16%), LAP(11%), Auto loans(10%), personal loans(12%) , small business banking (10%), credit cards (7%), Comm Equipment (2%) & others (4%) Market Share FY24 - Bank has 5.5% market share in assets, 5% in deposits & 5.9% in advances. - 14% in credit cards circulation in India. - 5.2% market share in personal loan. - 4% RTGS, 30% NEFT, 38.9% IMPS Market share (by volume),20% Market share in BBPS. - 11.4% Foreign LC Market Share. - 8.4% market share of MSME credit. Fundamental (Ratio) Analysis - P/E ratio is 12.69 - P/E ratio is 12.69 which is lower than it's 5 years Average P/E 28.22 - D/E 1.46 has reduced as compared to last year's D/E 1.59 - ROCE is 14.16% - ROCE 14.16% has increased as compared to last year's ROCE 9.26% - ROE is 18.51% - ROE 14.16% has increased as compared to last year's ROE 9.26% - ROCE 14.16% is higher than 5 years ROCE average 9.19% - ROE 18.51% is higher than 5 years ROE average 10.03% - PEG ratio is 0.61 - Operating Profit Margin (EBITDA Margin) 8.82% has improved as compared to last year's OPM - 0.31% - NPM is 23.4% - Net Profit Margin (PAT Margin) 23.4% has improved as compared to last year's NPM 12.37% - Annual Sales has grown by 28.94% - Annual Profit has grown over by 143.91% - 3 Years Sales CAGR is 20.96% - 3 Years Profit CAGR is 142.38% - Quarterly Sales has grown over by 15.26% YoY - Quarterly Profit has grown over by 19.16% YoY - Quarterly Profit has grown over by 14.87% QoQ - DII have increased their stakes by 1.72% in the latest quarter (29.4% to 31.12%) - Retail/Public have reduced their stakes by 0.91% in last 3 years - Promoters + FIIs + DIIs hold 91.18% in the company Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Longby TraderRahulPal32
AXISBANK Ltd view for Intraday 13th DecAXISBANK Ltd view for Intraday 13th Dec Resistance 1150 Watching above 1155 for upside movement... Support area 1100 Below 1150 ignoring upside momentum for intraday Support 1170 Watching below 1200 or downside movement... Resistance area 1250 Above 1100 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown3
AxisBank | Trendline BUll Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout ✅Breakout confirmed ✅Rise in Volume ✅Good 3 touches Trendline Breakout with volume ✅Clear uptrend with HH & HLs sequence ✅ Order block as potential Supports ✅Check out my TradingView profile to see how we analyze charts and execute trades. 🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me. 📍📌Thank you for exploring our idea! We hope you found it valuable. 🙏FLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view ! Longby ReviveTradersUpdated 3
VIEW ON AXIS BANKGood chart structure Breakout on the stock Stock approaching its 21 OCT 24 highs Target 1220/1240 Stop loss 1175 I am just representing my views For educational purpose only.Longby dakshb38391
Axis Bank Reversal SetupAxis Bank want to change its gear. Demand Squeezed. Breaking out of trendline support on Weekly basis. Strong Fundamentals and technically well placed Longby MomentumLovers4
AXISBANK Probable BreakoutStock Name: Axis Bank CMP: ₹1160.50 Technical Analysis: Axis Bank is currently displaying strong bullish momentum. The stock has achieved a breakout, with the previous close decisively above the trendline, confirming a significant bullish setup. This move is supported by high trading volumes, indicating strong participation from buyers. Moreover the stock is in a strong buying position at the long tested support.Longby AlphaTradesTM3
Axis Bank Date : 02.12.2024 Axis Bank Timeframe : day chart Remarks : 1 Formation of Descending Triangle 2 Consolidating at Neckline 3 Already trading below 200 ema 4 If bounce then will touch descending resistance 5 If breaks then next valid area is support/resistance zone at 1036 6 Support/resistance trendline is trend maker Regards, Ankur Singh by AnkurSingh2
Axis bank is on major Demand zoneSL and TGT is plotted follow them & make profit. At that point Nifty & banknifty also looking good . if Maharashtra assembly election is won by BJP then this trade is 100% winning rated trade . tomorrow is result lets see.Longby Satyanarayan_Vibhute116
A good amount of correction still leftAxis Bank CMP 1139 Elliott- the iii rd wave of C is underway. This fall will be sharp. To me it should end around the 994 zone. RSI- On the last rally to the highs the oscillator only managed to go till the bear zone which is negative. Now it is below the averages and is all set to break its bull support. Hence my view on Bank Nifty is intact the selling is still not over.Shortby singh17vivek0
AXIS BANK DOUBLE TOP UNDER FORMATION AND NEAR BREAKDOWN Axis Bank Ltd. Double top or Trendline and consolidation breakdown to keep on radar Will it survive and sustain above its support ? or Will it Breakdown and slide further down Lets see how it evolves further Other points of consideration are 1. RSI on daily taking support at 40 levels 2. Narrowing Bollinger bands forming a rectangular consolidation on daily charts with price trading near lower Bollinger Bands 3. Price slide below lower bands and RSI sliding below 40 on daily chart will make the stock further weak Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix. Shortby purisonshuf3
Good Short Strangle for Axis BankLooking at the CPR Pivots , Can see a good Strangle Set-up for Axis Bank.. Margin Required - 4.12 L and Max Profit is 16K (4.13%) -- Probability of Profit is 83% Downside :- Have to wait for 16 Dec.. 1250 CE *1 1300 CE *4 1050 PE *1 1040 PE *1 All December expiry ********** Not a trade suggestion. Please review yourself before you take the trade..by ImranAli_a81221
Axis Bank Simple Trend Analysis!!AB can bounce from 1169 to 1189 in coming days and Ab has broken daily & weekily resistance trendline and also retested at the end on the day. May a bounce can come if open above weekly trendline (1170) or gap up. if not another buying oppurtunity is will be at 1144 where both daily n weekly are intersecting. by Price_actiontaker140
Price at trend line supportCheck for the trend line support . Theory backed by RSI and MACD. Check fundamentals before entering. Longby praveen2013p5
Axis Bank: Slipping Gently or Taking the Express Route Down?#axisbank 🐻 Axis Bank: Slipping Gently or Taking the Express Route Down? 🛬 Axis Bank is currently parked at 1,165-1,170, but from the looks of it, this might be the last stop before it starts exploring some serious basement deals. With 1,075, 1,024, 1,006, and, if things get really spicy, 964 on the radar, Axis is giving us vibes of a stock that’s ready for a bargain hunt! 📉 Now, 1,024-1,006 looks like it’s holding the fort as a “strong support.” But you know how it goes with support levels — they’re there until Axis decides it’s more fun to test their limits! Think of it as Axis Bank’s version of a trust fall. Will it hold or plunge? Only time will tell! For now, keep those stop-losses tight, grab some popcorn, and get ready to see if Axis Bank’s dive goes all the way to the bargain bin at 964. Will it bounce, or is it on a mission to redefine what “lower lows” mean? Either way, this could be one thrilling descent! 🎢🐻 Wish You Happy & safe trading "Always Respect Risk" Happy Trading Jai Hind Jai Bharat Shortby DhirajSinghBais8
axis bank for a swing tradeaxis bank looks bullish.Ref: 3 hr candle.made a triple bottom /inverted head and shoulder and trying to breake a resistance of 1200.if it closes with a strong bullish3 hr candle,there is a chance of upper movement till the upper trendline..dont jump into trade without strong closure.,,target will update later .early prdiction can be done with 1 hr candle and its volume during breake out.fib level also supporting the breake out.bank nifty also created a double bottom.....pls enter only after breake out confirmationLongby nazeertrader5
power of AVWAP"How is Axis Bank taking support at the Average Volume Weighted Average Price (AVWAP) multiple times? The AVWAP is drawn from this year's high."by godforsake3
Axis Bank - Double Bottom ViewAxis Bank : Double bottom breakout possibility Looks Good above 1207 with immediate support at 1190Longby roshansai8
AXIS BANK vs BANKNIFTYhere we can see both stock and index are potential swing candidates, once Bank Nifty clears 51826 we can see a 1500pts rally, and Axis above 1205 we can see final target of 1467.Longby TechnicalAnalystSucrit2
Axis Bank BullishAxis Bank CMP Rs 1157 The Stock is trading at 14% from its ATH The stock has a support at 1153 - 1120 and longer term support at 1130 - 1080 A close abouve 1153 triggered today. One can look at positive move from this price range. First resistence will be at 1280 and when crossed can get to higher levelsLongby AganyaEducationUpdated 5513
Axis bank AnalysisAxis Bank is currently trading within a defined price channel, showing a clear pattern of highs and lows. The support level near ₹1130 presents a key buying opportunity for traders, as the price has consistently bounced back from this level. This creates an edge for traders who prefer entering near support, offering a favorable risk-to-reward ratio. In this case, you can capitalize on the potential upward movement with proper stop-loss placement just below the support and targeting the upper channel range. Monitoring the volume near this level can also confirm a strong price action rebound. Consider pairing this technical setup with any relevant fundamental factors to strengthen the trade's probability of success.Longby ali000351221
axis bank at fibnocci 61 levelafter breaking trendline , i m 100% confident in this trade it is going to bottom at 61 levelShortby activeTradrAshu0
Axis bankPrice moved in a narrow range 1220 to 1240 today. 1220 is an important level to decide the trend direction. Buy above 1225 with the stop loss of 1218 for the targets 1232, 1240, 1248 and 1256. If price is unable to sustain above 1220 zone and faced resistance, then sell below 1212 with the stop loss of 1219 for the targets 1205, 1198, 1190 and 1182. Check the live market updates. Hit the like button to Rock !! Show some energy !! 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. Longby vanathiUpdated 2214