Axisbankview
Giving 2nd opportunity to initiate Long Refer the chart for detailed analysis.........................
Axis Bank Trade Setup Idea for 30 August, 2022Axis bank is one fo the weeker banks today in the BankNifty pack.
It is in the support area but the buy orders at support area were not sufficient to push the price higher.
We can go long after the first 5 minute candle close above 730.
We can go short after the first 5 minute candle close below 721
AXIS BANK - SHORT TERM VIEWLong Above - 710.15, T1 - 735, T2 - 763.75, T3 - 783.85, T4 - 804.45, T5 - 836.40, T6 - 871.15, T7 - 891........ SL - 685
Short Below - 684.80, T1 - 671.30, T2 - 658.65, T3 - 631.85, T4 - 623.15, T5 - 590.55, T6 - 570.45, T7 - 550.10..... SL - 705
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.
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.
Axis bank needs some rest!there is an zone which is shown in the chart. The price reaction should be noticed there.
Notice:
It is not a financial advice
Symmetrical TriangleStock Analysis: AXIS bank has formed the sym triangle pattern, it is good buy around marked demand area with below level as stop loss once it broke the upper level expected to reach the target given on the chart. Let's see.
Happy Investing!
AxisbankAxisbank completed a nice symmetrical triangle in wave 4 with all clearly visible subwaves as a,b,c,d,e, and breakout along with good intensity of volume has been done, so now we can presume that wave 5 should have started and can head towards 950 plus in medium term, all other parameters are also supporting this view to go long, all the key levels are mentioned on chart along with stoploss and targets.
breakout with good intensity of volume in daily
wave structure and key levels
macd in weekly uptick and above zero line
macd in daily positive crossover with uptick and above zero line
rsi in daily uptick and above 60 levels
upper bollinger challenged in daily
dmi adx positive ungali setup in daily
bullish mood is active as per emas in daily
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing.
AXISBANKAXISBANK is at resistance and forming 4 tops if it break up side go bullish and get good target i am not suggesting to go short on axis bank
AXISBANK - Trading in a RangeAxisbank - This Range breakout will decide the further trend in the stock.
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 -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 .
