AXIS BANK DAILY CHART ANALYSIS AS ON 02.05.2022AXIS BANK on a daily chart has formed a Morning Star Doji and stock above 739 for a Target 745.
UZC trade ideas
AXISBANK Looking good !!A pole & pennant kind of pattern had been formed in hourly chart. .
BO done near 738-748 level.
Making higher highs for 3 days.
RSI trending up.
buy on dips.
Accumulation zone : 740-755
Profit booking zone may be : 802 - 840
SL 719/According to your risk appetite.
Positionally can move 960+
Sl 698 Dclbs
April future as well as April 760CE/800CE can be look after for decent return.
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Could be a good entry point at CMPCould be a good entry point at CMP and it is expected to hold 702, where there is a support.
Axis bankPrice has already broken the consolidation zone and will have selling pressure below that level. Sell below 724 with the stop loss of 729. Targets are 719,714, 709 and 704.
short on axis bankthe stock has broken the good support of 750 in last trading session and is now ready for downfall below its low made in last session only with the extra taste of quarterly results
Axis Bank Long TradeHi guys
Good morning
Axis Bank Equity (NSE) Forming Head & shoulder
Pattern in 5 min t/f perfect
Entry only above 754-755 stop-loss 750-751 Target 775 looking very good pattern
Trade as per ur risk
Thankyou
Energy coil in Axis BankFormation of energy coil near absorption zone is rare event, but is reliable.
This is my trading journal, not a trade recommendation.
DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
Axis Bank All detail for chat. good entry at mark price only. and must stoploss is 700 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Axis Bank Daily ChartGood Supply Zone Coming up for Axis Bank between 842-852.
Sell at at 842
Target 1 - 824
Target 2 - 792
SL 855
Axis Bank - Double Top PatternAxis bank has formed a double top pattern and a confirmation on the RSI Divergence.
All of the markings are as shown on the chart.
This is my personal view and for educational purpose only.
Axis bank Long if break 794 closing basis. Short if closes below 784 daily basis. Target either side 2% movement.
Personal bias - Bank nifty is trading in a narrow range, breakout is possible.
AXIS BANK - BANK NIFTY DARKHORSEAxis bank is buzzing around the news of takeover of retail business of Citi Bank. The stock has finally getting momentum from last 2 weeks indicating a test around its resistance of around 815 to 820. once it starts sustaining above that a target of around 1000 is opened. the target is arrived by testing the previous lows around 600 - 650 range. So, a gap of around 150 to 175 points on the downside from the resistance, can see upside of around 150 - 175 points on the upside of the resistance which is a peculiarity of an Inverse Head and shoulder pattern. Moreover, from a fundamental point of view, the stock is seen outperforming various peers among its side. Target mentioned are for long term horizon of around 8-10 months.
DISCLAIMER - I AM NOT AN FINANCIAL ADVISOR, ITS JUST A VIEW AND NOT AN ADVISE.
axis bank reversal ?NSE:AXISBANK is at critical level ( monthly, weekly and daily supply zones, price reacted from 45 min supply zone) from which it can either break ATH lehel and start creating new ATH values every week or it can follow the supply zone and give a reversal for nice shorting oppurtinities. if it stays below 800 and then breaks 795, then we shoukd see it fall further till 788 by today closing.
Axis Bank longBreakout from trendline and a good bullish engulfing pattern. Can be bought above 800 for a target of 865. SL of 780. RSI also taken suppport from 60
Head And Shoulder In Axis BankAs i was expecting NSE:AXISBANK too see an Head and Shoulder to form on daily chart in axis, after left shoulder , head has started to take shape, in the coming week we shall see to which side axis will give a break out.
Falling wedge pattern reversal in AXISBANK.Today's session look at falling wedge pattern in AXISBANK. According to this pattern reversal from resistance level to support level/630- and this is final target.
Axis Bank - W Pattern Breakout in WeeklyAxis Bank could potentially break out of Channel as there is a perfect W Break out happening.
If it crosses the swing high in Weekly, there's a strong probability of Up Surge.
Should we expect Head and shoulder in axis bank?I'm hoping to see an head and shoulder pattern in axis bank on daily timeframe, as it's near supply zone.
Please feel free to guide me as im still learning basics of supply and demand zones and how to combine patterns with them for confirmation.
Should we expect an head shoulder in axis bank from here?As axis bank is near a supply zone, i'm assuming we can see downfall of axis in coming week. I'm still learning basics of supply and demand zones. Please feel free to give me helpful advices here.
YR 2022 Idea #29: Long on AXISBANK This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
