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AXB trade ideas

AXIS BANK DAILY TIME FRAMEFrom the chart, it can be seen that a clear uptrend is being followed by axis bank.it has also broken its main resistance level (764) . Also completed the 4th wave ( correction) of Elliot wave theory. So if global market remains good we can see the stock price moving towards a target of 860. Entry @ 781 ( or 790) Target = 860 Stop loss = 754 RIsk to reward ratio = 3:1 The above entry is based on my analysis and is for educational purpose only. use your own analysis and other indicators to enter the trade.
NSE:AXISBANKLong
by Sreerag_C014
AXIS BANK LOOKS BULLISHAxis bank has given a Double bottom breakout Ascending triangle breakout Above 200 Ma cluster RSI looks good MACD above signal line It is on long time support mentioned in the chart as structure break. On weekly timeframe you can see axis bank giving a simple box breakout and can go beyond the targets mentioned for long swing trades. Buy above - 730 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:AXISBANKLong
by this_is_shoaib
1