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Axis bank seems to have created a double bottom for further confirmation go long above 759.
Note: This is for educational purpose only. There seems to be bullish bounce back from 50 EMA (acting as dynamic support), 61.8% Fibonacci level and last swing low with good volume. Similar pattern can be seen in RSI as well.
Axis bank trading at resistance clearly visible in chart itself Sell around 751 with sl 754 target 745 Risk Reward/1:2 Remember it is an intraday setup against the trend Trade in small quantity
Hello Friends I had to post this because there one person who has sent me Private Message on his small ego based comment and chart he shared with me on DM and saying he has made a forecast of Axis bank as 700 , when it was 650 I would have ignored , its ok few armatures try to prove them self , eventually they learn on or the other day , its really not about...
See guys anything can happen if there is a breakout target has been given and if there is a breakdown then also target are given. And by the way it has form mother candle in daily timeframe
axis bank channel pattern breakout and retest and up side and volume aslo confermation move you can buy stock . as per you risk capetide a
Axis bank Stock is in resistance zone if its going to above price of 730 then it can be buy with sl of 688, target of 803
intraday stock for tomorrow 25 feb 2021,tatamotors share intraday target news ,hindalco share upl share intraday target news, share news target banknifty intraday target news kotakbank share intraday target news
The stock looks good above 755 level
AXISBANK gives excellent breakout from previous RESISTANCE levels, can touch 800+ in coming days. BUY in the range of 670-680 Target 1 - 742.05 Target 2 - 767.70 Target 3 - 889.90 Target 4 - 1012.70 Stoploss - 634
Falling Wedge Pattern Is Formed we Can See some Upmove in Upcoming Days. Although Axis Bank Also has formed Descending triangle Pattern In Daily Chart, but Ya It depends Upon the Market Condition. Disclaimer : This is Just For Education Purpose Only.We are Not Responsible for Any Profit or loss.
AXIS BANK BREAK DOWN IS HIGHLY POSSIBLE IF IT CROSSES 720 ON DOWN SIDE. TRIANGLE PATTERN SUGGEST DOWN SIDE IS POSSIBLE.
Above 759 will be a oppourtunity to buy and below 747 will br right time to short
If we exclude the anomaly of 26th Feb 2021. AXIS Bank trend line breakout completed, Support and resistance Demand and supply zone Trend line breakout *** Purely personal analysis *** Investment in securities is subject to market risks. Kindly consult your financial advisor before investment
Im Not SEBI Regt. Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial.