Short Selling Opportunity In AXISBANKNSE:AXISBANK
Short Selling Opportunity in AXISBANK.
Entry: 980.50 (Lower Low Structure)
Stoploss: 1003.10
Target: 925
Don't trade without hedging the position to minimize the losses!
AXISBANK
#OMAXE 48.80 Buy TGT 61 23% upside recommended - Rachit Sethia OMAXE 48.80
TGT 61
SL 42
RR ~2
Return > 23%
TF < 6M
NSE:OMAXE
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
Axis Bank "axisbank buy"Ready for breakout above Rs 970.
But this type for breakout are risky due to quick movement towards the Resistance.
It will Sustains above the 970 for few days then it will rock.
If fails then take a Stop loss of 970 and sell future or buy put.
AXISBANK--Consolidation Breakout ??After a long time consolidation price broken the range....
now we have to look at this, will continue down or gives us retracement to enter short.
consolidation to downside, if it is a trap, the price again continue upside...
keep add this stock for long...
AXISBANK - Elliott Wave TheoryAXISBANK - A correction downside is a possibility as it seems to have completed 5 waves up. A resistance (trend) line can also be seen which the price has rejected. A downside break opens up opportunities for selling.
End of uptrend for now?AXIS BANK monthly chart. A trendline joining the peaks of the up trend has been touched the 4th time.
1st time: March 15, Peak 654
2nd time: June 19, Peak 827
3rd time: Jan 23, Peak 970
Time for a correction?
❤ & follow for more.
AXIS Bank LongAlthough it depends on the overall market condition still it is a good long-term trade as it is on a weekly frame.
The dotted green line is your target.
Put the stop loss according to your risk management.
AXISBANK--Outlook from 950-830 ??AXIS Bank Outlook::
Strong Supply zone is observed @950 zone
and Strong demand zone is observed @830 zone, keep on sell side from 950 and Buy side from 830-840 zone.
Price is going to enter in consolidation zone...between these 2 levels.
Short Term Bearish view::
950-830 levels..
1st phase Bearish::
from 950-900 is possible..
1st Phase::
Bullish view from 900-930 is also possible::
2nd Phase:: Bearish look
930 level to 860 levels.
3rd phase Bearish look::
910-900 to 830 levels.
3 Phase Bullish From::
860-910 level or 860-900 is possible.
4th phase Bullish from::
830 level to 950+ level..
AXISBANK--Bearish view??Observations::
After a strong fall price is not able to break the previous high,
if price breaks low, price fall is observed up to 900 and 895 levels.
previous resistance may again trying to push the price up, if it fails, it falls more.
keep track axis bank for short side.
AXISBANK--Breakout Range (Supply)??Observations::
In my last view about AXISBANK, broken the trendline and continue fall or rise happens.
Now clearly the rise happens from these levels 870.
Resistance @ 935-940 range.
now The stock price is at Supply zone, price is in range from last 1 week, it will not test the supply zone.
consolidation to fake breakout may happens at this level, keep watch this level.
If price breaks 910 range, observe some fall price reach to 850-860 range.
We have a great support lies in the range 850-860 range.
BUY AXISBANK AROUND 665 TGT 725/780/830 SL BELOW 570 AVG @ 620Currently holding above the 200 and 100 dma and looking to break the resistance line from next week. With the upcoming result session and budget in near sight, good momentum can be expected in the short term with above mentioned entry and exit
AXISBANK-Resumes Uptrend or Reversal???AXISBANK-Observations:
------>Stock trending upwards
-------> Broken Trendline retest is needed.
-------->If this is a false breakdown the trend will continue moving upwards again.
--------->we have a great supports build at 830-850 levels.
---------> Previous strong demand Zone may act as Resistance and pushes the price towards downside, careful at 905-910 range.
--------->keep on buyside we have a chance to enter long until it breaks 830-850 range.
AXISBANK - Major Resistance and Range Breakout, Potential TargetAXISBANK has recently experienced a major resistance and range breakout, with a support level at 877. The stock is currently at a retest level of 895-905, with possible targets at 940 and 965.
This stock is definitely one to keep on your radar as there is potential for further upward movement.
AXIS BANK Long ViewNSE:AXISBANK AXIS Bank is at a good level to buy. You can start with small quantity and further increase quantity after a bullish confirmation.
The only downside is the volumes, they are indicating a short position, please trade with proper risk management
This is not a buy/sell advice, do your own analysis and consult your financial advisor before investing in stock market
AxisBankAxis Bank Making possible IHS
if this pattern holds true..
we can see some nice rally in coming days
Just a view
AXIS BANK BEARISH SEQUENCEAccording to wave analysis, financial markets move in a pattern of five waves in the direction of the larger trend, followed by three waves in a correction of the trend. The five-wave movement is called an impulse wave, while the three-wave movement is called a corrective wave.
In the case of Axis Bank, the completion of five waves of (A) and three waves of (B) suggests that the focus has now shifted to wave (C), which is currently in progress. The completion of wave (C) would mark the completion of the entire pattern, and traders and investors would then look for potential reversal or continuation signals in the price action.
As of now, wave 1 of (C) is currently underway, and it will be interesting to see how the price action unfolds in the coming days and weeks. Traders and investors will likely monitor the progress of wave (C) closely to identify potential trading opportunities and manage their risk effectively.
Regards
Axis bank starts its downward move
Axis bank starts its downward move. It should stars down or sideways for around 15 days from here.
AXISBANK - Long viewPrice has closed above all EMA making way for an upward movement.
The views presented are of the author and do not represent a trade. Kindly consult your financial advisor before investing.
Wait for a week to Buy #YESBANKMarket is making correction and wait for week at least for now after that you can take your position.
AXISBANK : Intraday levelsAXISBANK levels marked on chart with daily & H & 15 min chart.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
Axis Bank Short SellAxis Bank Short Sell
Gap at 830
short sell at 890
Stop loss at 912
Target 830
Time line - 10 days
Expiry Day Plan for #BANKNIFTY Banknifty Expiry Plan is laid above, With weak resistances in place, it is expected to be a trendy upside expiry tomorrow.
