Axis Bank: Long term StratefyBuy axis Bank at cmp 779, 754, 720, 689
Targets 825, 110, 1400, OPEN (for long term)
SL 670 (may be changed on closing basis)
AXB trade ideas
Simple Trade Setup | AXIS BANK | 05-10-2021 [INTRADAY]NSE:AXISBANK
Observations:
1) On 1hr time frame, if you remember it has been taking support from parallel channle, as I had explained in my previous post about AXISBANK trade setup, so it has been still in that support channel.
I will put that previous tradesetup of axis bank so that you can refer that channel again.
It has taken and bounce back from the bottom line of that parallel channel and now it will have the middle line of parallel channel as critical resistance.
Breakout on middle trendline will give up move.
Please refer below chart : 1 hr Time Frame.
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Trade Setup for Date 05-10-2021:
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 respsective level considering how price action works near that level.
axis bank at Important support Axis bank is here on importance support.
1. it may retest it support level and go upside
2. it may give breakout and go in consolidation.
Cup and handle formation in axis bankcup and handle formation in Axis bank , buy above 807 for targets of812, 820,840, SL 792
AXIS BANK ANALYSIS 04.10.2021BUY : 768 TO 753
TARGET : 911 TO 1060
Reason For Buying This Script :
In this script it is forming Elliott wave in monthly time. And also it is forming higher high formation.
It is good sign to buy. Don't miss this opportunity. Try to accumulate in every dip.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
Not a Text Book H&S, But still a Potential Breakout1) Formed Head And Shoulder Pattern at Weekly Time Frame, Breakout And Retest Done!
2) In the Daily Time Frame, This script ahs taken a good Support at its bottom Support trend line, With good buying pressure (Strong Buyers), which can be witnessed by the candle it formed on the last trading day (Friday).
Trend Analysis - Respecting its support and Resistance, Currently at its support.
Chart Patterns -
Head And Shoulder in weekly Time frame
Wedge Pattern in daily Time Frame
One can expect this script to fly if it breaks its all time high of 828.
Target 900 and above.
It's Not a call, Do your own Analysis before taking trade.
AXISBANK inverted flag pattern. Short below 763 for target 753AXISBANK inverted flag pattern. Short below 763 for target 753
Wave AnalysisSeems the 4rth wave has ended, and 5th of C is about to start with a target till 840 and protective SL below 754. CMP 768 NSE:AXISBANK
PROBABILITY ON 30 MIN TIME FRAMEIF Continuation of uptrend..
probability ..
chart self explanatory as cup&handle typepattern considered.
decide on ur own.
for observing pattern movement only
but ath considering.
AXISBANK provides an attractive entry for Long positionAXISBANK has been staying above 800 for the last couple of days closings. The strength in BankNifty also suggests that banks may have a quick burst upwards. The risk reward supports a Long entry for the short term around 805. Targets would be 840, 860 and 900. Stop Loss would be any closing below 785 on daily basis.
Disclaimer - I have a position open on AXISBANK.
** Important Note - This post is my own study of the mentioned scrip and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.
Short Axis bank with TARGET 750Short Axis bank with TARGET 750 with SL 770 in next three trading session
axis bank anotheranother swing and intraday traders
goodluck
blue lines are key level
green line are snr
Buy AXIS bank at 770Buy price: 770
Stoploss: 740
1st Target Price: 820
820 is long term resistance in AXIS bank. If it is broken and if AXIS bank sustains for 2 days above 820 then we can consider 900 as the target in next 2 months.
Time frame for first target should be around 2 months.
This idea only for educational purpose.
Ascending Triangle@Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
Simple Trade Setup | AXIS BANK | 29-09-2021 [INTRADAY]NSE:AXISBANK
Observations:
1) On Daily Time Frame, we can see that it is still getting support from the parallel channel.
Today it got support from the middle line of parallel channel.
Please refer below chart : Daily Time Frame.
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Trade Setup for Date 29-09-2021:
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 respsective level considering how price action works near that level.
Axis bank ready for 6% moveHead and Shoulder pattern in axis bank. Long target is 800 plus. Strong bullish pattern. Trendline retested.
inverted head and shoulder patternwith nifty eyeing target of 40k plus if the weekly candle gives a good closing above all time high . we will c a new jouerney
axis bank if axis bank closed above the support line it will get some small rally. Dont miss the good entry point.
AxisBank 850 soonSimple Positive reverse divergence on Axis Bank.
850 is a target coming in very very soon.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
Axis Bank starting Down Fall ⏬Axis Bank Chart is Negative indicates.. Monday Axis Bank Down movemen Possible. What is your view.✅
Comment Fast ⬇️
Levels for - 24 Sep 2021EXPLANATION : This is a 15 min time frame chart of AXISBANK , It has formed Inverted Cup & Handle pattern // Swing Pattern . If give a strong breakdown and broke its demand zone with high volumes and retest the same , I am bearish on AXISBANK . Super setup in AXISBANK Fixed range volume profile // Inverted cup & handle pattern // Swing pattern // Supertrend strategy
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