Axis Bank Intraday Trade 22/11/22
Axis Bank Intraday Trade only with Price action !!
R:R = 1:2 Running
AXISBANK trade ideas
Axis BankTrendline resistance at highs, one of the resistance is providing support at a point if price pullsback one can consider going short
Axis Bank- Raring to go up n up and over .......Hi Traders,
Presenting my views on Axis Bank.
The sudden up rally on 20th Oct propelled stock from 839 levels to 870-900 levels to create all time highs, but past few week have seen stock come back to levels of 840-860 to fill the gap as one can see in chart.
With breakout of Inside Bar and stock trading above 855-860 levels in coming days can gather the lost momentum to be back at the top and continue its upward journey.
Growth in life and in stock market is inevitable if investment done in right manner.
Axis Bank for IntradayAxis bank is looking good for sell below 870 and buy above 880. its just a view not any recommendation for trade.
Axis Bank Hey traders this is Axis bank hourly chart this is in range of 860 to 880
above 880 will be good for buy side
Below 855 will be short
Giving 2nd opportunity to initiate Long Refer the chart for detailed analysis.........................
#AXIS BANK (Monthly Pattern Breakout)The stock was in channel pattern for quite long time which it breaks in the recent sessions. The price is currently retracing ,and provide us a good longing opportunity on the pull backs. The price can Retrace upto @840 and even can go for deeper pullbacks @810.
AXIS bank previously posted analysis In previous post of axis bank posted that axis bank tries to break channel and today it broke
Axis Bank Double top and shooting Star Double Top + Shooting Star
919.95 SL
900.85 Second bearish candle low
1:1 target 881.75
Chart of the week. Axis Bank.Last week Axis bank gave a breakout above its all time high after very good results and the management commentary. Since May 19 the stock was continuously taking resistance at 826. This week and last week, the stock managed to get closing above it. As this company is fundamentally very good it is the right time to invest into the stock for long term. One can enter 50% at this price and rest 50% can be added around 840-860 levels. The targets are calculated as per Fibonacci. However, these are basic targets. Long term investor can see magic in this stock in future.
CMP - 903 (29/10/22) W
T - 955, 1160, 1370 W
SL - 820 W
View - Medium to Long term (2 years minimum)
INTRADAY AXISBANK IN 5MIN TF31/10/2022
LONG SIDE
INTRADAY(5MIN)
AXISBANK
Trendline breakout in 5MIN TF taking support from support line retest happened in 5min tf bullish structure(Higher Highs and Higher Low)marubozu formation in 5min tf
ENTRY-904.7
SL-902.3
TARGET-909.5
R:R-1:2
MOVE-0.53%
Axis bank sharp sell off will happen Axis bank is just about to Crack sharply , traveling in channel for long period but on top it seems tired so look for sell
AXIS BANK LOOKS GOOD FOR SHORT TERM.Axis bank looks good for short term, earnings came up with +ve also it has given a strong BO. from cmp we can aim for two targets.
AXIS SWING TRADE OPPORTUNITYWe can clearly see an inverted HNS and trend-based Fibonacci extension
NSE:AXISBANK
Axis bank leading to All time HighNSE:AXISBANK
Good Support at 816
Wait for result on 20 oct 2022 and can take position.
PS: Please do your own analysis before the taking any position
AXIS Bank Swing High Break*AXIS Bank*
Time Frame: Daily
Observation:
* Swing High Break
* Base Formation At 721 742
* Mean (EMA) Diversion on Daily Time Frame
Resistance/Target: 909 1025 1141 1214
Support 772 720
#Axis BankShot levels respected twice and gave decent gains.
Two days same levels worked as resistance and finally moved up.
Neutral view for now
axis bank wreak out on weekly time frameBullish on the weekly time frame after rejection from the top.
Axis Bank 5th is confirm.....Hi,
Thanks to Piyush Bhai giving me the spot light towards Axis bank . 5 is confirm and A,B also confirm may be we can plan for C . Stay tuned for further update
