NSE:AXISBANK Observations: 1) On Daily Time frame it had formed rounding bottom and breakout it. It was breakout on 9-08-2021. Since then it has been testing the breakout level of it. Which is placed at 754-755 range. And it has been taking support from the range and closing above it, since last 6 days. 2) On Daily Time Frame, it also took support from...
SELL AXIS BANK, it has been moving in sideways and consolidating, and has given negative breakout
as we know bank nifty consolidate in a particular range for a while know a big breakout will soon be take which will vice versa effect axis bank too
head and shoulder breakout. BUY after descending tringle breakout
Axis bank is in a ascending triangle with higher high and higher low formation….currently stock is at breakout level ..we can expect a good 7-8% move if it broke up with volumes
Cup and Handle Pattern in Axis Bank Buy @760 SL 740 Target 800-810
axis bank ready for break out , buying level and selling level mentioned in chart
∘ Inverted Head & Shoulder Pattern ∘ Bank sector moves Improving to Leading ( RRG )
Axis bank has formed a reverse head and shoulder and current consolidation phase seems to be ending. Likely to witness strong upmove above 765 in medium term. Target -1 815, target 2 - 860 stop loss 730 Note/Disclaimer : This view is only for educational purpose. It is not a trading recommendation. No trade should be initiated based on this view.
NSE:AXISBANK Since last 3 days it failed to closed below 755 level and taking support from it. And it has been making triangle pattern on 15min time from since last 3 days. Breakout of this pattern on either side will give good move. Levels and targets are mentioned on the chart. I hope it is easy to understand. Do comment your doubt or suggestion. All...
AxisBank has been consolidating for a few days and after a long time, buy setup has been formed on Daily chart which is quite sustainable in this kind of volatile market. This stock can be bought at current price or less risky traders may wait for a breakout and buy above 770 with SL 755 for both trades. Gann Roadmap for AxisBank is: 757 771 785 799 813 827 841...
#AXISBANK entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter. #INTRADAY Note - just a hunch, it shall fall badly from 775 levels.
Axis Bank Currently In correction mode u can go Short with a target till wave 4 SL as high of wave 5.
NSE:AXISBANK Entry should be initiated after the close of hourly bar below the yellow trendline. Targets and SL mentioned on the chart.
inverted head and shoulder pattern in axisbank at the level of 776 it can face resistance and up side target will be 808 level of 756 will be immediate support where if it goes below next support 739 there can be find a sell off
A big bearish candle has been formed in daily chart. Closing below previous low. RSi trending down. Sustains below 726 can move towards 680. TGt may be 705/690 SL 736 Dclbs Option Strategy : Sell July 720CE OR Buy Aug 720PE Disclaimer: Ideas for learning...
Cup and handle breakout retest completed one can go long for the targets of 770 with strict stoploss of 749..
Axis bank reversal started after hitting virgin cpr.