Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe last week was short owing to the long weekend, and the bears seem to be a little stronger. Do you feel Nifty will hold 17400?
AXISBANK
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets fell today as well, this time finding support around 17400-17500. Banks outperformed. What's your view?
AXISBANKHi, Axis bank long term Target 2300
Monthly wave 1 or A leading diagonal completed and
correction wave 2 or B completed.
now going on wave 3 or C.
my point of view axis bank long term investment good.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets seem to have closed on an indecisive note today. Q4 earnings season has been kicked off by TCS, with Infosys feeling most of the jitters. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe bulls were able to reclaim higher levels today. largely thanks to Reliance. VIX is back around 17 levels. Where do you think the market's headed? Is this the higher low we thought was coming?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe bears seemed to be in control today as well. The HDFC twins are back to "jaise the" levels as they are now around the pre-merger announcement prices. Reliance is nearing a support and Infy has neared a decider area, too. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsYesterday, we witnessed a euphoric rise in the indices owing to the news of HDFC twins' merger. Today, we saw price testing lower levels, with Nifty giving up 18k and Banknifty almost giving up 38k. VIX is higher, and Reliance is weaker. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsHDFC Twins have completely changed sentiments today, helping Nifty close above 18k and helping Banknifty gain 1500 points. In this video, let's take a look at why I had a bullish bias and how we could have analyzed this move + do our daily market analysis.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBears manage to stop the three-day winning streak by bulls with intraday price action largely favouring sellers, too. I feel that the trend remains unaffected for the most part. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBulls were able to take charge once again, with Nifty holding fairly well around 17.5k. I feel it's an important sign for the overall trend. Reliance did quite well. My view on the market as a whole still remains the same as I feel it's still a little early to comment on whether this positivity can and will sustain. Curious to hear your thoughts as well.
AXIS BANK - NSEOne of the top 3 private banks of a super growing economy.
300 million people still unbanked, demand will only grow.
Also they are front runners in adopting blockchain technology.
Huge land bank and no debt on books, its a great company to invest.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets remained volatile intraday, but we did see a sizable reduction in VIX and an overall positive day. HDFC twins were the key drivers. Do you feel we could be all set for a rally closer to 18k?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets still seem to be in limbo. Almost feels like a car that's doing a burn out—the power's there, the action is there, but the car just isn't going anywhere. My view on the market overall still remains the same, but I do feel that Monday might be a decider for some important stocks like HDFC and Infosys. What's your view?
Falling Wedge Pattern - Axis BankFalling wedge pattern has been broken by a strong bullish candle in Axis bank in 30 mins TF.
Wait for Re-test and buy between 720 - 722 and Target price is as mentioned on the chart.
This is my view and for educational purpose only.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsIndices failed to hold higher levels & ended in red. I feel this is not a very big cause for concern as long as the week's lows are held. In fact, if they are held then we could be seeing early signs of a reversal in the short term trend. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsReliance and IT stocks helped lift Nifty higher, undoing yesterday's attack on the bulls. I feel this could be an important formation from a sentiment POV and as the price action being formed seems quite interesting. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe market seemed to have trapped bears today as it gap-upped nearly around yesterday's open. Nifty almost touched 17k, Banknifty nears 36k, and VIX dropped 10%. What's your view on the market?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe market saw rejection from higher levels today, but banks managed to perform a little better. The short-term structure seems reasonable, but the volatility still continues. Today was a tricky day for intraday bulls, especially if we do not consider the final hour or so.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsIt seemed as if the top stocks took a breather today and moved rangebound, but Nifty seems to have accepted 16,500 level and Banknifty seems to have accepted the 34,000 level so far. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsIndices opened strong, but faced headwinds at higher levels. What could be going on? I feel this is normal and that the indices need some time to stabilize. What's your view?
#axisbank #swingtrade #consolidateAsix bank in consolidation zone i mark the area if axis bank break its consolidate zone then we will take trade accordingly.
Thank you
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty saw a recovery, but failed to hold above 17,300. Market-wide sentiment appeared a little weak. What's your view?
AXIS BANK - An upward move in processDear Friends,
I will not explain much here as everything has been explained in the chart, so read the chart well and wait for the resistance area to be taken out before initiating fresh long entry.
All the best !!!
Your feedback is most appreciated.
