I can find a upward trend line on axis bank chartNSE:AXISBANK
One can go long on axis bank. Stop loss will be 771 and target is 826
CMP 787
Glad to know your views thanks
Note : check on your trading setup before entry.
AXISBANK trade ideas
good buy Axis at current levels break out retestbuy Axis at around cmp 802
tgts 816/839
@sl own risk
positional
axisbankRCP pattern breakout!!
this is purely educational and might not 100% conform to the knowledge available in the books and mainstream media, so trade according to the advice of your financial adviser.
BUY AXIS BANK ABOVE 820Axis Bank is looking for a good candidate to long above 820 for the upper marked targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
3 reasons to buy || Axis bank1) Cup and handle breakout
2) Ascending triangle breakout
3) Good volumes and good Q2 results expected
Can be bought for a target of 900 and SL will be 816. CMP-845. A 1:2 risk-reward ratio. Do FOLLOW for more ideas.
Axis Bank For Short & Long Teram....Axis Bank Looking Bullish...CMP @ 842 breakout on weakly chart...
is this going to be a good breakout? Thoughts?I observe that this is a good channel pattern. The strong resistance is broken with volumes greater than 10 day average.
Thoughts on this??
AXIS Bank BreakoutAXIS bank triangle pattern Breakout. Need to hold this level for a good swing trade with 5% SL below the previous Swing low. ATH now.
Simple Trade Setup | AXISBANK | 25-10-2021 [ INTRADAY]NSE:AXISBANK
Trade Setup for Date 25-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Axis Bank Inverse H&S pattern Axis Bank form Inverse H&S pattern, When it close above 826 it may give Good move.
Simple forecast based on Axis Bank's tradeline for the long termAXIS BANK : Simple forecast based on Axis Bank's tradeline for the long term.
Axis Bank is preparing to offer a trade line breakout based on the monthly candle. The stock could show a bullish rally above 950 with a long-term monthly support line.It can be a golden opportunity to invest for more than a year.
bay abov:- 835
tr 1 - 925
tr 2 - 1022
tr 3 - 1325
SL - 630
We are not a SEBI registered analyst. This is for educational purposes only. You must consult your financial advisor before you trade. We do not advise you to buy or sell. You can trade at your own risk. We are not responsible for your profit or loss.
Thank you.....
@Mj Supertrend With Buy & Sell + RSISupertrend strategy with buy and sell signal for better analysis of stocks the volume and RSI can enhance your Technical study.
Diwali damakaAxisbank looks very attractive anticipated good fireworks in this script kee eye on radar ....
Ascending Triangle patters an ascending triangle has been formed ,we can now go for buy in AXIS BANK , with a target of 1000 in upcoming days
Triangle breakout Axis bank is in consolidated phase from long time..
if the triangle breaks the target will be 525
Please note RSI is pointing upwards
Stopp loss will be 430
Simple Trade Setup | AXISBANK | 22-10-2021 [INTRADAY]NSE:AXISBANK
Observations:
1) On 1hr time frame we can see that it took support from the middle trendline of parallel channel.
The same channel was already represented in my previous ideas.
Now this middle trendline will work as supprot and the upper trendline will work as resistance.
Please refer below chart : 1hr Time Frame.
2) On 15 min time frame, it has made double bottom pattern. And now it is just below the breakout neckline zone.
Please refer below chart : 15min Time Frame.
-------------------------------------
Trade Setup for Date 22-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Support and resistance of AXIS BANK820 is major resistance for axis bank if it close above 820 with good volume than 30-50 points up-move come. But if it close below 800 than 20-30 points correction can come. 800 is strong support.
AXISBANK trade analysisI have market important levels for AXISBANK
- Currently it is near to 3 improtant support levels
PRICE ACTION TECHNIQUEAXIS Bank is following a wonderful chart pattern on the 1 day chart with a beautiful price action. Talking about the technique, the upper and lower trendline acts as resistance and support respectively. The median line also plays as a resistance and support role depending on whether the price is deflecting from below or above trendline. In this case we can observe that the price has crossed the median line from the below trendline, hence breaking the resistance of the median line which now will act as a support. Hence keeping in mind the above trendline as a resistance, we can keep that point as our target, and we can buy now at current market price, with stop loss indicated on the chart. Options can also be done on this chart, by buying 800 CE or selling PE. I personally prefer selling puts as it also makes money when the price is at strike price and theta decay is an additional bonus.
The RSI is also having a good momentum and this indicates that AXIS bank is a good buy for a small swing trade. Keep it simple and make smart money.
Keep following me and also comment on this analysis on what you think about it. Happy Trading Everyone!
