AXIS BANK has broken the short-term resistance level successfully. A small upmove may be seen from here.
1177 is the level. If 30 min candle closes above 1177 level tomorrow then you can go long in Axis Bank. You can buy Axis bank sept futures or Axisbank 1180 AUG PE. Keep SL at 50% of premium received . Example if you short Put @12 then keep SL @18 and book SL in futures if the Option premium reaches 18.
This stock trades with steady volumes on the bourses in all time frames. Similarly, it is in the oversold zones of oscillators in average time frames. The 52W H/L being INR 1,151.85 / 814.25 It is consistently making Higher Highs and Higher Lows. It is standing around its support level in a rising channel. LTP on NSE on 06/Feb/2024 was INR 1,053/- (with a high of...
The chart provided is a daily candlestick chart for Axis Bank (ticker: AXISBANK) on the National Stock Exchange (NSE). Here is a detailed analysis and summary of the chart: Timeframe and Data: - Timeframe: Daily - Data Range: From around September 2023 to mid-2024 Price Analysis: - Current Price: ₹1,174.00 - Price Movement: The stock has shown notable price...
Closing Price: ₹1,165.25 Change %: 3.49% Volume: 12,818,081 High: ₹1,169.65 Axis Bank has shown an impressive gain of 3.49%, reaching a high of ₹1,169.65. The substantial volume reinforces the bullish trend, indicating strong buying pressure. Such a breakout performance often precedes further price appreciation, making AXISBANK a strong candidate for a swing...
Axisbank fut made cup n handle pattern on an hourly chart with decrease in OI suggesting shortcovering. Risk:Reward = 1:2 Could be bought with mentioned stoploss & target.
Keep in long side until price breaks the trendline... ---------------------------------------------------------------------------------------------------- I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points...
This stock has reached a resistance zone, which had previously witnessed a significant decline in value. There was a prior breakout from a bearish channel, followed by a retracement to channel and another upward move into the resistance zone. If consolidation happens at this zone, there is a possibility of a liquidity grab on the upside, indicating potential...
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...
Although 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.
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...
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.
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...
Currently 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-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...
NSE: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...
Price 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.
AXISBANK 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. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or...