AXISBANK - Trading in a RangeAxisbank - This Range breakout will decide the further trend in the stock.
AXISBANK
AXIS Bank ShortAb=CD and XABCD, FIB Projection and Reversal confirmed.
SL is 800
Tgts are 725 and 700
My Analysis | Provide me insights where I am Wrong ? What I have done and What I believe -->
I have analyzed this chart on the basis of supply-demand and SR lines.
I have used RSI and Parabolic SAR and I am hoping the price will not bounce from the upper level, Because this level of demand served 3-4 as demand level in previous months and most probably it will serve the Demand area Also.
Please tell me where I am wrong and provide me positive feedback.
Axis Bank long -- Strong BullishAxis bank last week has given a breakout and again came for testing the trendline. Today share opens below the major support and the Bulls taken control of their territory and pushed up the price and close above the trendline with high volume. I have given other observations and studies on the chart. kindly refer.
Axis bank looks good to touch 690 againAxis bank looks good to touch 690 again in 2-3 days, can be bought near 662-63 ( add more if comes to 650-52 ) for the target of 690-700. SL below 647.
AXIS BANK - Swing Trade SetupHi Traders,
We have spotted a divergence in Axis bank daily chart. Price broke the inner trendline yesterday and price is retesting the trendline. If price close below its confirmed breakout and we can sell till price reach TP 1 or can hold till TP 2, its likely to test the outer trendline.
Happy Trading.....
Expiry Day Plan for tomorrow- Banknifty We can expect a calm expiry however any possibility cannot be ruled out. But probabilistically we expect a range bound expiry for tomorrow .
AXISBANKBULL RUN SEEMS TO BE ENDING FOR THIS STOCK
BUT A CONTRA-TRADE WITH SMALL RR CAN DO WONDERS.
INVALID IF CANDLE CLOSES BELOW 635
AXISBANK Should be LONG OR SHORT ABOVE/BELOW LEVELSOn My View, AXISBANK Should be Bullish, Because BANKNIFTY is Super Bullish.
AXISBANK Should be LONG Above 641 Level on Closing Basis.
OR
AXISBANK Should be SHORT Below 594 Level on Closing Basis.
Intraday analysis of Axis Bank for intraday #Banknifty 28/12/20Intraday analysis of Axis Bank for intraday #Banknifty 28/12/20
AXIS BANK POTENTIAL LONG TRADEHi TV people, Nice buying setup is in formation in axis bank, corrective pattern seems like a expanding flat. in my previous idea i had posted about short opportunity, i hope someone who found that useful made some profit in it. this long setup is very major in terms of r:r. so look for long setups in lower time frame for entries.
Thanks!
Axisbank swing Target 1 is the first green line the second target is even higher
The range between the black line is no trade zone
the red line indicates resistance if at all it's broken the trend is broken too.
