Axis bankPrice at strong support, day rsi @30 (support), 200d wma is at 1146, all indicating buyyyy...
AXISBANK trade ideas
Cypher pattern in axis bankCypher gives good accuracy. Let's see. This for the educational purposes only
AXIS BANK POST RESULTS HOW TO TRADE IT 25 JULY 2024Axis Bank has completed one price cycle from the double bottoms at cycle point of 1128.45 on 5th June 2024 and hit targets at 1327.60 on 12 July 2024 nearly 200 points in 37 days run up. It recently announced its results and been correcting the price cycle rise currently. The stock has support around levels of 1219.75 below it may go in consolidating mode with major supports around the levels of 1169.95 with intermediate supports around the levels of 1194.85. Pullbacks on the stocks need to be watched around levels of 1294.40 above which we may see strong recovery. Squaring price on downside could be around 1172.20. Below 1169.95 we may see major correction in the correction. Above levels can be used to trade till August expiry.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
Axis bank formed a Cup and Handle patternOverall Banknifty showed a downtrend on Friday, however, Axisk Bank formed a cup and handle pattern as per my analysis! The important support level for Axis Bank is 1288, the upper level 1st resistant is 1303 and 2nd resistant level is 1322.
AXIS BANK LONG 75/125 min level is LOTL expect to give a 2:1 bounce from this lower DZ. Its coinciding with OI put 2 level @1280 for jul series
Multi year breakout - Must be on your watchlistAXIS Bank trading at 874 Levels
very strong breakout on monthly chart
if October month candle (which is going to close on 31st october)
closes above 880 level can see good move on 2023
Stop loss will be below the breakout candle
Do your own analysis before take a trade
Axis bankPrice is moving in a channel and giving zig zag movement. 1296 - 1302 is a strong resistance zone.
Buy above 1286 with the stop loss of 1279 for the targets 1293, 1300, 1312 and 1322.
Sell below 1276 with the stop loss of 1282 for the targets 1269, 1261, 1252 and 1244.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Axis Bank - Strong Turn AroundPrevious resistence turned support
Strong 1 hour candle
Good volumes
Ready to ATH
Axis Bank Wave Analysis: SIP, Levels, 1800+ in coming years! July 2, 2024: AXIS Bank Market Analysis
Current Market Price: 1261.90
General Trend:
After the COVID crash of 2020, Axis Bank hit a high of 865 on October 21st , 2021, completing Wave 1 and entered Wave 3 after completion of wave 2 on June 16th 2022.
The stock is currently in a bullish mode and it's in extension, having completed subwaves 1 and 2 of Wave 3 and it has broken out of a consolidation zone and is looking to surge ahead with subwave 3 of Wave 3.
Ichimoku Cloud:
Applying the Ichimoku cloud to the chart shows that prices are trading above the Monthly, Weekly, and Daily clouds. Hence, there is a high possibility of the stock entering Wave 3.3.3 after small dip near 1150-1170 that will be our 3.3.2 subwave.
Entry and Exit Points:
Long-Term Perspective: The demand zone was a good area to buy the stock; however, we expect a retest of this zone, which can be a good opportunity for those who missed buying Axis Bank earlier.
> SIP Mode is best for long term.
Expected Target:
Once Axis Bank gives a breakout above the recent high, it is expected to hit the first target of Rs. 1529 .
The next target could be Rs.1859 and even 2000+ possible in couple of years. These targets are derived based on the application of the Fibonacci extension and channels.
Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
1D TF SELLThough it is HH and HL pattern... rejection at resistance Some pull back may expect will see...
AXISBANK - Ichimoku Breakout📈 Stock Name - Axis Bank Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1273.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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VIEW ON AXIS BANKGood chart structure
Stock at its high
Target 1350
Stop loss 1180
I am just representing my views
For educational purpose only.
AxisBank might be aiming to go higher.Hi Traders, I was studying the PA of AxisBank and noticed that at ATH level, set up is suggesting that relative volume is healthy and up volume is stronger than down volume.
Usually this combination of price at ATH and still strong up volume and healthy close > open PA, stocks tend to attempt higher levels which is what AxisBank may also be doing. Chart suggests it will attempt to touch 1370 giving an upside of 14% from current level. Let's see in a few weeks.
This is study is for my personal reference.
If any of you find it of interest and wish to share your views, I would be happy to hear it.
All the best.
axis bnk 5 min tfaxis bank 5 min tf for 6 june move, will be breakout there, after bo there is possible move up to spot tg 1220
Axix bank go long Axix bank on hrs chart taking suppot at 1179
stock of the week can hit target 1200 plus 1250
a long after longa good breakout and support after that
may see new highs soon
trade with your own decision
a long after longa good breakout and support after that
may see new highs soon
trade with your own decision
AXISBANK RECTANGLE BREAKOUT WCBAxisbank rectangle box breakout
#weekly basis good volume
and rsi,trading above 20ema
#target 1230- 1350
EDUCATIONAL IDEA
Axis Bank Technical analysisThis analysis is for informational purposes only and should not be considered financial advice. Shorting stocks carries significant risk and can result in substantial losses. Always conduct your own research before making any investment decisions.
Axis Bank is BullishAxis Bank has taken some support and moving up now. more upside is possible. Many are saying Axis is undervalued or cheap after citi bank india merging with Axis. This is good value buying and bullish now.
Trade setup on Axis Bank for long.Hi All, I am Elliott wave analyst and i am more focused on Nifty 50 stocks, my trade idea would help learner/investor to identify the trade setups and market direction. I am not Sebi registered analyst, nor this information is for Buy/Sell or Sell/Buy. '
Investing or Trade setup:-
We are in uptrend and completed 4 Subminute wave now we are looking for Micro 1 and 2. as we have completed micro 1 looking forward to retracing market approx. 38.2 - 61.8 and once micro 1 is broke can plan for trade setup.
Long Trade: -1186
SL: -1063
Target: -1500 or 2 ATR.
will keep on updating as price moves.
