AXIS BANK CHART 4/12/2020AXIS BANK CHART Daily Chart till to- 04/12/2020
What You See In This Chart?
How to take Trade?
Which Type Take Entry (Long / Short)?
Which Price For StopLoss?
Which Price For Target?
Please Comment What You Think About Axis Bank Trade!!!!!
Disclaimer :- This Chart For Only Educational Purpose, We Can't Give Any Buy Sell Tips or Call, Learn first before take any trade....
AXISBANK
AXISBANK - Bull Flag - Breakout awaited - SwingThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target
Stock is at good consolidation phase and it can be accumulated with small SL below 590.
Stock is fundamentally strong.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Do check similar pattern in LT. Link is shared below
AXISBANK - Bearish H&S Pattern - Intraday/Very short term This analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
AXISBANK - Rising Wedge Pattern (Intraday/Very Short Term)This analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
AXISBANK -15 MINUTE - LONGinthe last trading session we can see the axis bank stock has moved around 12.60 rs.
today we are going to see where the stock is headed in the coming days.
based on the current trend setting up , the stock is expected to come down to 411.50 which is a support level and then move to 419 level which is our resistance level .
Axis bank Elliott wave analysis 2020 : One time opportunity Stock is in clear bearish trend. Right now we are at the end of 4th correction wave followed by 5th wave.
If we consider global economy than we have us election on 4th November 2020. The result of this election will decide tone of current geopolitics risks for next 5 years specially us china. Before 2025 china has its own agenda "the vision 2025" which is the core reason behind US China India issue we knows as tiktok, pubg ban.
The 5G : who will lead the world in 5g US or China. With whom will India build its 5G infrastructure US or china. this is the core concern of current us, china, India political drama
Which bank will provide investment for that infrastructure for business
Due to corona virus depression banks are already in loss. we can expect unprecedented loan default this year. Legendary investor Warren Buffett is already getting out of banks stocks which he bought in 2007 financial crisis which triggered global recession obviously it came later in India too. He has sold all of his goldman sachs.
At the end of 5th wave we will have once in a life time opportunity to buy this stocks but it will take years to recover only patience investor will make money
Buy low Sell High : Indian stock markets Elliott wave analysis