BUY AXIS BANK ABOVE 755Axis Bank gave a great upmove and looking strong to Buy is sustains above 755 for the marked targets on the chart.
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Trade ideas
a long entry in AXISBANKAs per pole flag kind of pattern is being formed, i think axis bank will be bullis
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.
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Axis bank LongAxis bank is reaching it's resistance point, on a confident close above 780, can take this stock to 930-950 range.
R:R ATR 1:3
Plan your risk.
Buy AXIS BANKThere is a good possible idea of buying AXIS BANK. Strong bank and strong fundamental. Break from Resistance with HIGH volume will make stock reach target value soon.
BUY ABOVE 830
STOPLOSS AT 700
TARGET FOR 1100
[Positional] Axis bank buy idea as per support and resistanceThree zones are marked in the chart. Axis bank seems to moving nicely between those zones.
Stock bounced from it's support zone with bullish follow up making Higher High(HH) and Higher low(HL) in daily timeframe .
Swing trade can be taken with Stoploss as previous swing low that is 647.
First target will be resistance -1 that comes at 750-767 levels followed by resistance-2 that is 812-826.
AXIS BANK bullish TARGET 877AXIS BANK monthly and weekly closing is very good. Will cross the support and above all time high. Target 877
axisbank bearish sharklong this stock in cash at 667 for target of 840.
note: if candle closes above yellow line then keep the stock and maintain this as strict stop if already long.
trade at your own risk
axisbank bullish batlong this stock near 666 for good bounce back also if it goes above 715 without falling we can still see rally.
good luck
AXISBANKPrice Action
Upward Parallel Channel broken
Indicators
Upper Bollinger Band broken
RSI > 60
MACD - Buy Signal
AXIS long at 711Tranche 1 at 711 when price broke out of 50 EMA pulled back to 50 EMA bounced from it
AXIS BANK ideaFound Cup & Handle Pattern
Expectuing to move upside, Target 850 in 1-2 weeks. Lets watch.
Trend line break out : AXIS BANKDear Friends
Watch trend line break out of AXIS BANK . if AXIS BANK break and sustain 735 level then it will touch 770( Target 1) and 820 (Target 2)
Wait for 7353 level..
All level mentioned on chart for your reference.
Regards
Kirit Chavda
NSE:AXISBANK Trading bullish, Weekly chart updated with levels !NSE:AXISBANK
#NSE:AXISBANK Long levels updated for long term view !!
BOUGHT AXISBANK BREAKOUTBought AxisBAnk Breakout With SL - 704 CLB. Target 810,845.
Breakout In AxisBank After Price And Moving Average Convergence, With Heavy Volume. 3 Times Average Daily Volume.
Axisbank Posted Very Good Results.
#AXISBANK updated harmonic#AXISBANK updated harmonic
Buy on dip for good RR
Target -841
SL-687
CMP:752 @26 January 2022
#Axisbank cash : Looks good around 738-744#Axisbank cash -Positional call
26 Jan 2022
Looks good around 738-744
stoploss 724
Target 768-770/798/824
Cmp 752.20
AxisbankAxis Bank is bullish double bottom formed and given bullish breakout of neckline with proper retest..macd and RSI also is confirming.
Reiterating Buy Call on Axis Bank after Amazing Q3 Result🤩💸🔥Buy Axis Bank for Positional Trading as well as Investment.💸🔥💸
Comment your views😄
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🔥The stock is the best value pick among the major big private banks as it is available approximately at its 6 years old price while its TTM Net Profit is more than the combined Net Profit of 2020 & 2021.
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✔️Both Technically & Fundamentals strong.💪💪
The company recently posted the best Q3 Result.
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‼️ It was in a Retracement Phase from November 2021. Recently it formed a double bottom and had given breakout. Now with volume continuation, we can expect a strong uptrend from here.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
Axis Bank at good levels for investmentSimple box breakout awaited. ( blue box )
Stock is consolidating since a year from Jan 21.
Axis bank is currently is the strongest of the large cap banks, Bank nifty index corrected around 7 % since the 12 Jan 22 compared to it Axis bank corrected 8.5%. Interesting par is Axis bank has reached the price as on 12 Jan 22 today compared to bank nifty which is still 1200 points away form the 12 Jan 22 levels.
To conclude Axis Bank is showing strength compared to index. Today Axis bank closed above 12 Jan 22 highs.
As soon as the price reached the lower level of ( blue box ) volumes jumped significantly and price moved in narrow range (Yellow box). This show market makers/big hands have entered the stock.
There is also a double bottom visible on lower time frames. Check Chart below.
Most importantly the stock is just below the life highs. Once it breaks out of the consolidation, it will be in the blue sky territory. This will be new high by the stocks after 3 years.
Overall can be a good bet for longterm form the current levels.
