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...
AXIS 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 -...
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
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...
820 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.
AXIS 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...
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself from this research. Please note before investing according to this educational research, please do own research and also do take advice from...
![AXISBANK: Simple Trade Setup | AXISBANK | 25-10-2021 [ INTRADAY]](https://s3.tradingview.com/u/uzUmSQJb_mid.png "Simple Trade Setup | AXISBANK | 25-10-2021 [ INTRADAY]")
![AXISBANK: Simple Trade Setup | AXISBANK | 22-10-2021 [INTRADAY]](https://s3.tradingview.com/r/rX6vCHlp_mid.png "Simple Trade Setup | AXISBANK | 22-10-2021 [INTRADAY]")
