Price can be seen reacting from it's embedded Weekly Supply after it's quarterly results! So, price can bounce on it range-bound lower channel (also a weekly demand zone). Pivot Reversal Levels: - Buy above 728.45 - Sell below 689.35
Axis bank has been trading on the supportive trendline. is has given a breakdown! pls find the analysis on the chart! this is not a trading advice!
Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
NSE:AXISBANK Axis Ce Market_order9
risk: Reward is 1:2 (MINIMUM)
Axisbank cash -Positional call 27.07.2021 Sustain below 720 Will go 706/686 Stoploss 735 (Strong support 680-685 below 720) Cmp 731.70
NSE:AXISBANK 🔴 Note : Do not sell if price closes below 744 or sell at pull back. 🔴 Sell Below @ 744 🔴 SL Above 777 🔴 Targets would be 725 and 685 🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
The cup and handle pattern is a bullish continuation pattern that indicates a strengthening of the price of a security succeeded by a breakout after which the price of the scrip shoots up. The period of consolidation is the U-shaped cup whereas the breakout is signified by the handle. Cup and handle chart patterns are said to have been popularised by American...
Axis bank daily chart is forming cup and handle. SL would be around 715 on daily closing basis. Short term target of 915.
it has formed bullish cypher pattern in 1hr chart PRZ at 732 which is pink in colour and also it has formed bullish butterfly pattern in 1hr chart PRZ at around 734 levels. it may retrace till 0.38%-0.50% in coming days
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