AXB trade ideas
axis bank expecting 100 points rise we can expect rise of 100 rupees in axis bank in coming months . It is moving well in CRAB pattern
that yellow line is life line as long as candles stay above this line we are safe.
good luck
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Axisbank LongAxisbank Long
822-825 is very strong resistance level
In Apr -June 2019 Axis bank has made high of 825
In last 2 months it attempts to breakout.
Buy on close above- 823
SL- 770
Target- 890, 915, 954
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Simple Trade Setup | AXISBANK | 25-10-2021 [ INTRADAY]NSE:AXISBANK
Trade Setup for Date 25-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple forecast based on Axis Bank's tradeline for the long termAXIS BANK : Simple forecast based on Axis Bank's tradeline for the long term.
Axis Bank is preparing to offer a trade line breakout based on the monthly candle. The stock could show a bullish rally above 950 with a long-term monthly support line.It can be a golden opportunity to invest for more than a year.
bay abov:- 835
tr 1 - 925
tr 2 - 1022
tr 3 - 1325
SL - 630
We are not a SEBI registered analyst. This is for educational purposes only. You must consult your financial advisor before you trade. We do not advise you to buy or sell. You can trade at your own risk. We are not responsible for your profit or loss.
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