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Axisbank is 😵Confused in 1hr TFHello, 🤗🤗 Friend's. This stock is mainly suggestes for 20-06-2022 intraday player's.As we can see that stock is continueously making a ladder. We are totally🧐 on both sides. We will buy it when price cross❌ the 643 & substain above with the accurate target🎯 of 650,660.But in case price cross down 624 & substain below with the accurate target🎯 of 616,610. So don't forget 👍to add it on your watchlist for tomorrow Monday Morning🥱. Have a nice day traders🤗🤗.
NSE:AXISBANK
by Oceansking
1
AXISBANKAxisbank has given good breakdown of 20HMA along with bottom of parallel channel in hourly and apart from theses it has also broken support trendline with good intensity of volume. This stock has fallen below 20DMA which is pegged near 668, Also recent rally ended at RK's Stop line (key level line) near 700. Overall wave structure is suggesting that corrective phase is going on as a wave W-X-Y, where after completing wave W & X, now wave Y is unfolding as a zig-zag pattern, and in wave Y possibly wave A and B has completed and now wave C is unfolding, If wave C is going to be equal to wave A then we are directed towards south near 540 areas. significants Overall wave structure on daily time frame chart Rejection at RK's stop line along with RK momentum sell activated RK's momentum is also turning negative crossover in daily chart macd in hourly running negative MACD in daily turning/converging Negative below zero line MACD in weekly running Negative below zero line RSI in daily down tick and near below 40 RSI in hourly down tick and below 40 Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:AXISBANKShort
by RK_Chaarts
Intraday Analysis: Axis BankThis is the intraday analysis for tomorrow (07 Jun, 22) Axis Bank is making falling wedge pattern (which is also a bullish pattern ) in 15m timeframe and in 1h timeframe. Price is at support so we can expect reversal from this point. Im buy biased for axis bank, I would just avoid the sell even if market breaks the second support. Watch out for gap up and gap down opening tomorrow and see how they're reacting with these levels. Happy trading :)
NSE:AXISBANKLong
by UnknownUnicorn25417794
1