Axis Bank Daily ChartGood Supply Zone Coming up for Axis Bank between 842-852.
Sell at at 842
Target 1 - 824
Target 2 - 792
SL 855
AXISBANK trade ideas
Axis Bank - Double Top PatternAxis bank has formed a double top pattern and a confirmation on the RSI Divergence.
All of the markings are as shown on the chart.
This is my personal view and for educational purpose only.
Axis bank Long if break 794 closing basis. Short if closes below 784 daily basis. Target either side 2% movement.
Personal bias - Bank nifty is trading in a narrow range, breakout is possible.
AXIS BANK - BANK NIFTY DARKHORSEAxis bank is buzzing around the news of takeover of retail business of Citi Bank. The stock has finally getting momentum from last 2 weeks indicating a test around its resistance of around 815 to 820. once it starts sustaining above that a target of around 1000 is opened. the target is arrived by testing the previous lows around 600 - 650 range. So, a gap of around 150 to 175 points on the downside from the resistance, can see upside of around 150 - 175 points on the upside of the resistance which is a peculiarity of an Inverse Head and shoulder pattern. Moreover, from a fundamental point of view, the stock is seen outperforming various peers among its side. Target mentioned are for long term horizon of around 8-10 months.
DISCLAIMER - I AM NOT AN FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE.
axis bank reversal ?NSE:AXISBANK is at critical level ( monthly, weekly and daily supply zones, price reacted from 45 min supply zone) from which it can either break ATH lehel and start creating new ATH values every week or it can follow the supply zone and give a reversal for nice shorting oppurtinities. if it stays below 800 and then breaks 795, then we shoukd see it fall further till 788 by today closing.
Axis Bank longBreakout from trendline and a good bullish engulfing pattern. Can be bought above 800 for a target of 865. SL of 780. RSI also taken suppport from 60
Head And Shoulder In Axis BankAs i was expecting NSE:AXISBANK too see an Head and Shoulder to form on daily chart in axis, after left shoulder , head has started to take shape, in the coming week we shall see to which side axis will give a break out.
Falling wedge pattern reversal in AXISBANK.Today's session look at falling wedge pattern in AXISBANK. According to this pattern reversal from resistance level to support level/630- and this is final target.
Axis Bank - W Pattern Breakout in WeeklyAxis Bank could potentially break out of Channel as there is a perfect W Break out happening.
If it crosses the swing high in Weekly, there's a strong probability of Up Surge.
Should we expect Head and shoulder in axis bank?I'm hoping to see an head and shoulder pattern in axis bank on daily timeframe, as it's near supply zone.
Please feel free to guide me as im still learning basics of supply and demand zones and how to combine patterns with them for confirmation.
Should we expect an head shoulder in axis bank from here?As axis bank is near a supply zone, i'm assuming we can see downfall of axis in coming week. I'm still learning basics of supply and demand zones. Please feel free to give me helpful advices here.
YR 2022 Idea #29: Long on AXISBANK This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Axis bank 15 min time frame we have provided detailed explanation for upside and downside of the stock
Inverted head and Should PatternNSE:AXISBANK
Inverted head and Should Pattern, 2Year+ Consolidation, good Results in December 21 Quarter
Axis Bank ready for BrekoutAxis looking good for short term weekly closing indicates impulse move breakout may happen
concentrate if price sustain above 775 in daily
AXIS BANK TARGET ACHIEVED 😊AXIS BANK BUY LEVEL WAS - 752 and Stoploss Of 749 And A Target Of 775... Which was achieved Yesterday as per my analysis.
Intraday set up See the chart and prepare your own trade
Keep strict sl
Risk reward should be more than 1:2
Maximum trades 2-3 per day
Don’t take revenge trades
Disclaimer: iam not sebi registered I and iam not responsible for any profit and loss
