AXB trade ideas
Range/ channelAscending and descending channels are also called trend channels because the price is moving more dominantly in one direction. This may be referred to as having bearish or bullish movement, as an ascending channel may be indicative of future new highs while a descending channel may be indicative of future new lows NSE:AXISBANK
Axis bank Long setup -Possibility of ATH. option selling 1020PEReasons for long
1. BN looking bullish
2. Price reacting from a weekly demand zone
3. In daily chart price made a "W" pattern
4. In daily chart price reacting from a daily demand zone
If PAYTM saga works : IF the shwoed it's move tommoew so as the axis , so as the whole banking stocks ... Favored foom the news RSI si under 45 too, amd still prettymuch away from it's resistence!
SELL AXIS BANK @ 1125 - 1130 FOR 100+ POINTS TARGETAxis Bank is forming lower highs and lower lows pattern and looking a good sell candidate around 1125 - 1130 for the targets of 1045 and below marked levels on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Axis Bank 1100 Target hit buy given from 1035 hold it 1160 TargtOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Structure Reading of Strong stocksStructure Reading of Strong stocks. How to read similar strong stocks but different structure.
Axis bank reversing from supportAxisbank is reversing from long support line.
Good for short swing trade.
Target will be previous high
Axis Bank ready for fresh upside watch on 8th fed buy side On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
AXIS Bank Follow a trendline for intraday 7 FebWhen ever price come to trend line it create a bearish candle and push down . And it respect now 1050 level . Which is a support level.
If tomorrow break this level then we can see a good fall .
Other wish if it break the trendline don't take trade aggressively . it may consolidate.
If you find any bullish candle at support level the you take a position of target of 1081.
13% in a week?buying bank stocks for the coming week doesnt seem like a bad idea, especilly when the output is 13%
Axis BankAxis Bank in uptrend its support near by 1040, 1020 and resistance 1105.
It is not a buy or sell recommandation. It is only for education purpose
Axis Bank Short OppurtunitySell Price above 1122
Stop 1153.80
Target 1043.15
Just for Educational Purposes not a recommendation/suggestion
Maybe try Paper trade
AxisBank: Hindsight AnalysisA Higher High Higher Low structure on price action is considered as an uptrend.
- In the Monthly chart, identify the first break of Higher High after a Lower High.
- Wait for Higher High retest and enter somewhere close to it.
- Cannot expect a stock to test the exact same value.
- Set SL as previous HL or in cases where there are other lows close by, choose the lowest one.
- Calculate the possible loss assuming the stock hits SL
- If you are OK with the calculated loss, enter.
- Trail the SL at every new Higher Low.
- Wait for breakdown of a Higher Low OR Target.
AXIS BANK WILL CONTINUE UPSIDE MOMENTUMAxis bank, cmp 1020, likely to test 1065 in near term. Keep stop of 985 on closing basis
Axisbank chances for 1076 this yearlooks like axis bank might try to test 1076 this year, just keep an eye on this stock
AXISBANK Break trendline and bullishIn 1 day time frame trendline breakout was done and not at 1136.95 with a good volume.
For now volume support zone 1119.15.
If price break 1151 with good volume then a big move we can see here. Be alert.
support zone 1119.15-1109
Support 2: 1081
if price consolidate between 1109-1136 it's for intraday .
after break 1151 it's a good for long for investor.
AXISBANK long weekly breakoutthe stock performed weekly breakout and get retested at the neckline.
ENTRY@1125 TGT@1380 SL@1075
Axis BamkIts a monthly chart hence a long term story, a clear cut breakout and sustaining. Massive upside potential.
AXIS BANK Analysis for Short termIntraday view stock is in down trend. It's follow a trendline . When price will be near at or touch trendline we can shorts our position. For long term investor buy on dip . It's a best options for them .
Support: 1092
Resistance: 1104
Maximum volume at 1100 (So we can think if price will be near this level and create a bearish candle we can make a position on shorts)
As expected if continue the downtrend price will be come at 1090. if near 1090 any bullish candle will be create at 15 or 30 or 45 min then buy .
Level 1090 was the Fibonacci retracement zone.
Bullish position will be create when price will be trade upper 1104.
AxisBank on 15 min Support resistance zoneFor educational purpose only. NSE:AXISBANK
Each zone will act as support or resistance based on the direction of the price.
AXIS BANK CUP & (no handle)!!A Cup followed by a breakout with decent volumes is seen……. Strong resemblance to C&H pattern is seen…..will it reach the highlighted target ?
Ignoring the rules of Game , End of Masala dosa There are Many Pandits who tend to repeat that rules of Game must be met , in this case
The Wave Theory rules must be met , but in reality its a Masala dosa that ended in your plat
so thinking vertical , taking decisions in timely manner will give you an advantage even you
Brake the Rules of Game ,
Remember its you who is playing the Game , not the otherwise
I am informing my personal opinion about the Maturity of the stock as Yield of investments
Good luck
