Price is moving inside a channel and now it is in between the upper and lower trend line. 1120 is the trend deciding level. Buy above 1126 with the stop loss of 1120 for the targets 1132, 1140 and 1148. Sell below 1115 with the stop loss of 1121 for the targets 1109, 1102 and 1092. Hit the like button to Rock !! Show some energy !! Note : This is my pre market...
Axis bank is currently experiencing profit booking after the recent ATH, and if it takes reversal in the coming days with the support from the recent high zone and trend line, then we can expect a new ATH in Axis Bank.
In this idea I am going to introduce you all my new concept for positional buying in the form of a simple strategy . I have noticed that many of new investors and traders enters in the market in random manner either they enter in a running candle or they enter by choosing some moving averages or RSI but whatever they choose to enter a trade they mostly miss the...
Axis has come out with very good numbers and its also valued very less compared to other banks and giving a very bullish view for Axis for now.
Closed the position as soon as the price reached a key inflection level. Managed to book a profit of about 8.90% on the invested capital. Will consider a re-entry if price revisits the lower trendline of the higher timeframe parallel channel. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates...
AXIS Bank trading at 874 Levels very strong breakout on monthly chart if October month candle (which is going to close on 31st october) closes above 880 level can see good move on 2023 Stop loss will be below the breakout candle Do your own analysis before take a trade
After a long consolidation and a complex corrective structure concluded at Apr'24 low of INR 995.7, stock prices have given very sharp up move. This suggests that stock is likely to give a breakout very soon and extend the gains towards INR 1250 in the coming days and week.
Axis Bank on a weekly chart price has given a breakout of the downward sloping trend line at 1105 with increase in volumes. Momentum oscillator RSI has given a positive crossover. Price can rally towards 1220.
axis bank looks good technically , and with that good quarteraly earnings, should make massive move
Axis bank has been trading around the higher level and is forming a base near 1030 zone. Both side movement can be there in the stock and confirmation is need for the entry to trigger. But the stock on the weekly chart is showing some bearish RSI divergence and the dropping strength can be the initial signal of a bearish move. On the daily charts, it is around...
Bearish Gartley pattern forming on 3H chart of AXIS BANK. SELL 1116-1117, SL 1128.1, Target(s) - 1105, 1095. It's been a while since I studied the markets, so let's see how it pans out.
is very interested to come to that level because it took so much effort to rise and no effort to fall
Look for a bullish breakout in Axisbank. A pennant pattern is evident in this stock. Price level of 1113-1115 range is resistance to watch for a breakout. I will update the entry taken for buy later in the idea comments.
In this technical analysis, we’ll delve into the price action of Axis Bank (AXISBANK) and its recent performance. Let’s break it down: Support Level and 35 SMA Touchpoint: Axis Bank is currently trading around 1030 INR, which coincides with a major support level. The stock price has also touched the 35-day Simple Moving Average (SMA), indicating a potential...
Channel support, Fib support and a double bottom on the hourly charts are telling me this stock should resume its uptrend.
Price is taking double bottom support. Also price has formed rounding top pattern. Let us see which pattern will work. Buy above 1035 with the stop loss of 1028 for the targets 1042, 1049, 1056 and 1064. Sell below 1018 with the stop loss of 1025 for the targets 1011, 1006, 999 and 990. Check the live market updates. Hit the like button to Rock !! Show some...