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#AXISBANK CASH - POSITIONAL CALL
29 APRIL 2019
LOOKS GOOD ONLY ABOVE 770.10 & ADD DIPS 756-763
" Margin trading is NOT recommended. Do your OWN analysis before initiate trade."
Buy Below 760
Stop Loss 685
axis bank look going down side
Forming Wedge on weekly. Last week low imp level to watch
buy @ cmp
target @ 780 then 810
sl @ 750
The ending diagonal rearranged and expecting 'd' leg down side.
Buy above 759
Sustaining the support zone 748 - 752 will push the price towards 760, 766 and 772
Axis Bank in rising trend with support at 780
1) Price Rejection at highs
2) Continuous Retest of support near 747
3) Possibility of break of weekly pivot
Bullish Bat pattern on Daily Chart of AXIS BANK. BUY at 739-741 levels.
I just started learning Harmonics, don't know how to perfectly calculate Target(s) and SL, yet.
Buy on dips with stops at strong supp near 747 for potential tgt 787. Good TL support also
Use SL : 745 while longing. Set target as per your greed ;)
long axis bank ,target is 825:
broken the channel, target is depth of channel plus
All levels Mentioned in the chart.
P.S. These are my views, doesn't mean anyone should take random trades basis this. Please do your own analysis or consult a reliable adviser.