THERE IS BULLISH REVERSAL AND WE CAN SEE IT INN OVERBOUGHT CONDITION BUT LET IT COME OVER 8 EMA
Axisbank is forming an Ending Diagonal which is also complete.. I would be buying Axisbank at current levels for Target of 550 and above and stoploss around 420 levels..
Axis Bank going according to my previous analysis which target hit on friday, now the next target which Axis Bank is heading around 429 and next 400 in near term. Axis bank has been trading in downtrend channel and already has reversed touching the bearish channel resistance and approaching the support. next week will be deciding for axis bank if market remain...
I feel it breaks the triangle for a short, first target would be 458.
As seen after a strong downtrend, price has been contracting in a narrow range, making lower highs and higher lows (symmetrical triangle) in the hourly chart . A breakout with volumes either side would be our entry. Maximum target as per pattern would be 20- 25 points once it gives a breakout. I will keep this stock in watch list and review it once it gives a...
buy axis bank between 457-459 sl 455 trg 462 465 468 stoploss strict
presently in consolidation phase but ready for up movement . good support at 458. can go long above 476 - 480 target -- 500 ---520 sl--- 457 short only below 450 for he target of 376 for education purpose only.
axis bank is a buy above 475 sl 470
Axisbank is giving short breakout below 465.60 itcan go to the level 461 if do not break 470 on upside.
Axis Bank after braking up trend has been trading in a volatile manner, steep fall, gap down as we see on chart, it is still trading in the same fashion and due to bank nifty impact it also recovered today and tomorrow it may test the channel resistance 488-490 and again it is not looking strong enough to make breakout upward. It may reverse after touching the...
1) 3 rd wave looks like to complete 2) extended AB=CD 3) 61.8 RET. of full upward swing 4) rsi oversold zone 4 5) positive divergence on slow stochastics 6)Any good pullback from here is good selling opp...
Since 61.80 extension is broken one can aim for recent low . CMP 472 Stoploss 476 Target 459
Dear Traders, Descending Triangle formation on 15mins chart in Axis Bank. Most probably to break the bottom of triangle and 50 EMA staying above the price. It seems bearish. Sell below 494 Target 488 Points Gain - 6
short axis bank ltd as bears are heavy on bull there are continuously making new highs but bears are knocking them down.
After continuous 7 week fall stock find support near fibonacci price cluster between (463-478). RSI is also showing positive move from its 40 level. If we look at daily chart we can find some more positive movement which shows its time to long i.e from last two days price is trading above 200DMA, crossover of 13*5 MA and price shifted its pattern from lower low...