Axis bankExactly from my level axis got rejected and made 11points from support and turn into day positive candle 🙈 now it's chance to move toward 683 to 690 one can go long for this 🙈❤
Trade ideas
Axis bank in danger zoneWell in the trading word this pattern need no introduction expecting 10-15 percent fall in axis bank in coming weeks
AXISBANKConsolidating in a range of 200 points. One can accumulate close to support zone for long term investing.
AXISBANKAxisbank has given good breakdown of 20HMA along with bottom of parallel channel in hourly and apart from theses it has also broken support trendline with good intensity of volume.
This stock has fallen below 20DMA which is pegged near 668, Also recent rally ended at RK's Stop line (key level line) near 700.
Overall wave structure is suggesting that corrective phase is going on as a wave W-X-Y, where after completing wave W & X, now wave Y is unfolding as a zig-zag pattern, and in wave Y possibly wave A and B has completed and now wave C is unfolding, If wave C is going to be equal to wave A then we are directed towards south near 540 areas.
significants
Overall wave structure on daily time frame chart
Rejection at RK's stop line along with RK momentum sell activated
RK's momentum is also turning negative crossover in daily chart
macd in hourly running negative
MACD in daily turning/converging Negative below zero line
MACD in weekly running Negative below zero line
RSI in daily down tick and near below 40
RSI in hourly down tick and below 40
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Disclaimer.
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My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Intraday Analysis: Axis BankThis is the intraday analysis for tomorrow (07 Jun, 22)
Axis Bank is making falling wedge pattern (which is also a bullish pattern ) in 15m timeframe and in 1h timeframe.
Price is at support so we can expect reversal from this point. Im buy biased for axis bank, I would just avoid the sell even if market breaks the second support.
Watch out for gap up and gap down opening tomorrow and see how they're reacting with these levels.
Happy trading :)
Axis Bank- Bearish modeAxis bank is looking bearish at 670 level. stock is unable to hold at higher level and bearish retracement is seen mutilple time.
Target is 500 .
Axis BankAlways follow Risk and Position Management❇️❇️
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading😊
Axis Bank consider for LongNSE:AXISBANK
Axis bank can be considered for long trade at CMP for the target price of 722.
Disclaimer: This is a trading idea, not an trading or Investment advice. this is for the purpose of training and education for students. consult your financial advisor, Investment Advisor before taking any decision or do your own research. the author may enter into trade. Take your own decision
AXIS BANKConditional trade
Stock Has been Broken Previous five days low with volumes
we may see some downside
If Stock Close Below 680 Then we can entered
CMP 680
Stop Loss 695
Target 660-650
Quotes are Only For Educational Purpose
Axis BankBreakout Happend in this stock but now the market condition is slightly berish on can trade according to your view
Always follow Risk and Position Management❇️❇️
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading😊
Moving in a Parallel ChannelAxis Bank is moving in a parallel channel and is in uptrend in hourly chart.
With a target of Rs 712, once can initiate the trade.
Disclaimer: This is for educational purposes only.
@ GPottabathni ----- Axis Bank - Bearish View till 535Well people may not agree with me as the momentum is towards upside. Its my view that I think that the price will come down till 600 and if broken, till 535 which will act as a major support.
On the upside, it will move till 730.
axis bank channel breakdownas per market sentiments short call initiated.
parallel channel breakdown.
right now on retest.
rsi diversions 60min chart
tgt set on short run 62% retracement.
thank you
safe trade
happy learning.
Double Top Bearish FormationAxis Bannk
Weekly Chart
Double Top Formation
It looks like the Chart is retesting .Will it Reach the TARGET?
Please Give your OPINION?
Axis BankAxis Bank
Mild Bullish trend in Short Term till it remains within the Pithfork.
Breakout can give further strength.
NEGATIVE/BEARISH if Breaksdown.
My view on Axis bank As i can see a double bootom chart pattern so i am bulllish on this stock and my double screen decison also clearify me with this bullish trend and the targets for the same are :
T1 - 730.70
T2 - 817.80
Axis Bank - Cup and Handle breakout viewAxis Bank :
Looks great for a cup and handle breakout
Long above 690 with SL 680
AXIS BANK - 27th May 2022Stock in Support Zone - Break of Zone in either direction can result in move towards targets highighted on Chart.
Be Cautious on Downside Breakout as sharp reversals can happen
Axis Bank - Cyclical Move, Price actionThis stock has been in a cyclical move since 2019 as can be observed from the monthly, weekly charts. Again it has reverted back from its support. This stock should continue its upmove in line with its historical cyclical movement. Upper price band seems be around 800.
Axis bank.. Morning starAxis bank.. In a weekly time frame and daily time frame it is range bound.. And we can see morning star formation at the bottom of a downtrend,at the support level... We can go bullish with a target 800 and 640 stop loss.
