UZC trade ideas
AxisBank Cup & Handle 1D
AXISBANK 1D chart is exhibiting a cup and handle with retest Bulls and bears fighting for dominance, although bulls seem to be winning with this cup and handle in place.
Would be interesting next few days to see which side the tide turns and therefore which side do we need to turn and enter our position.
Axis Bank: Pole and Flag formation Near ATHStock is forming pole and flag price action pattern near ATH or you can also see it as consolidation before making a big move crossing all previous resistances.
Stock can move upto 1045 as per Pole and Flag targets.
Other targets can also be derived from Extension based FIBO.
DISC: For educational purposes only. Please consult your financial advisor before making any investment.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: AXISBANK
🔍 Description: Stock has formed Inverted Hut pattern and now prices are moving in a Rising Channel.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
BREAKOUT, AXIS BANK, 80% RETURNS!!!BUY - AXIS BANK
CMP - Rs. 980
Target - 1: Rs. 1290
Target - 2: Rs. 1550
Target - 3: Rs. 1775
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Timeframe - 3 months - 1.5 years
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Technicals - Ascending Channel Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Axis bankPrice is consolidating and has formed a descending triangle.
Pattern : Triangle
Range : Medium
Trend strength : Normal
Buy Above : 985.(In case if the price take support at the triangle base).
Stop Loss : 980.
Targets : 990, 995 and 1000.
Sell below : 978.
Stop Loss : 983
Targets : 973, 969 and 964.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.