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UZC trade ideas

Axis Bank Long SetupAxis reversed from the S1(729.40) level and closed above the Bullish Reversal zone indicating upcoming momentum towards upside in stock till Bearish Reversal(802) & R1(816) price marks. There are multiple support levels for the price, 1st at Bullish Reversal (744), 2nd at S1 (729.40) and last support stands at 714.50 which is also a Bearish breakout zone if stock crosses below this mark then we can see more bearish momentum in upcoming days. We can plan our trade based on these levels, till now we are long on the stock with stoploss below 729.
NSE:AXISBANKLong
by karan_bagri
Start of a short term downtrend?#Axis_Bank Weekly chart Historically it is seen that after a neat term top axis bank share price corrects about 150-200 odd points. In the weekly chart, we can see an EVENING STAR PATTERN (a bullish reversal pattern). If the low 764 is broken we can see the prices fall towards 600(An opportunity for the long-term investors to accumulate). Wave theory followers can see Wave 12345 done @ 866 and A done @ 648 and B done at 815 and Wave C is unfolding towards 600. Disclaimer: Educational View
NSE:AXISBANKShort
by Yogesh_Agarwal_
AXIS BANK DAILY TIME FRAMEFrom the chart, it can be seen that a clear uptrend is being followed by axis bank.it has also broken its main resistance level (764) . Also completed the 4th wave ( correction) of Elliot wave theory. So if global market remains good we can see the stock price moving towards a target of 860. Entry @ 781 ( or 790) Target = 860 Stop loss = 754 RIsk to reward ratio = 3:1 The above entry is based on my analysis and is for educational purpose only. use your own analysis and other indicators to enter the trade.
NSE:AXISBANKLong
by Sreerag_C014