UZC trade ideas
AXISBANK: Bullishness aheadAfter a long bullish trend from April 2020, AXISBANK was consolidating in an ascending triangle pattern. It has now broken out of the pattern on closing basis, indicating probable continuation of the original bullish trend. Targets are 855, 905 and 970. A close below 760 should be taken as stop-loss.
Disclaimer: This is not a trading recommendation, but is only a predictive analysis for information and follow-up. NEVER trade without a protective stop-loss in place.
Axis Bank To The moon!!Axis Bank has been consolidatiing inside a channel pattern for the past three months....and it is ready a break a inverted head and shoulder pattern in its monthly time frame. We can expert a movement of atleast 15 to 20% in the short term.one can enter after a bullish candle at the bottom of the channel pattern or could wait for the channel pattern. Make sure you enter at the right spot and have atleast a risk reward ratio of 1:2......Cheers!!!
axis bank expecting 100 points rise we can expect rise of 100 rupees in axis bank in coming months . It is moving well in CRAB pattern
that yellow line is life line as long as candles stay above this line we are safe.
good luck
Our 99% harmonic ideas go well and achieve target . So, please like and share the ideas if you find them useful
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Axisbank LongAxisbank Long
822-825 is very strong resistance level
In Apr -June 2019 Axis bank has made high of 825
In last 2 months it attempts to breakout.
Buy on close above- 823
SL- 770
Target- 890, 915, 954
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Simple Trade Setup | AXISBANK | 25-10-2021 [ INTRADAY]NSE:AXISBANK
Trade Setup for Date 25-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.