AXISBANK trade ideas
Short AXIS BANK IFF weakness continues to downside!short for wave 5 targets & 1 st target at 367 being major prev support followed by 5th wave target of 282!
Short on Axis Bank Based Dow Theory and Observing Bearish Divergences on Oscillators
Entry : 452
Stop : 454
AXIS BANK POSITIONAL SHORTNSE:AXISBANK Axis bank is near an important zone which is 440 which acted as a major resistance during past few weeks, also it is just a few points above 100day EMA, MACD is about to give the negative crossover.
Axis Bank - Long PositionAxis Bank has retraced nearly 35% from bottom with support of the orange line in the chart. T1 - 477 which would act as a resistance. T2 500+
AXISBANK - GO LONG FOR A RR OF 1:7 TOMORROW MORNINGAXISBANK - GO LONG @ 401 WITH A SL OF 399 AND A TARGET OF 415. TARGET SHOULD BE ACHIEVED BY 27 APRIL 2020, 1ST HALF.
pay attention : potential breakdown the AXISBANK stockf the price breakage this support we can see another breakdown the AXISBANK just the 292.20
found head and shoulder in axis bank .looking for shor.hello
found head and shoulder pattern in axisbank.
AXISBANK - OPIND0004
Opportunity
-Channel breakout as banking industry is in complete negative sentiment
-Along with industry the new of “Frankline Templeton” has make the sentiment more negative.
Caution
-Could respect the channel very less chances.
30M Sell - Axis bank Axis bank resistance at 438 Sell at 430 Target - 415 - 400 levels mostly Intraday. close at the end of the day.
AXIS BANK LONG TERM WAVE COUNTAxis bank is a deciplined stock which obeies and respect all chart patterns and elliot wave pattern.this type of stock is good for trading.
5 waves wX,Yx,Z or (12345) COMPLETED and now correction started.wave A COMPLETED AT 325.
THIS upward move is flat in nature and wont go more than 506 because the fall is steep.
after completing wave B near 506 again it will fall for wave C which is a motive wave mercy less wave will bring down axis to 220.
prepare and invest accordingly
Axis Bank Tomorrow 3 April will go down03 April 2020 Trade - Short Axis Bank near 354-362 add 1 more if gets near 368-372 Sl above 380 tgts minimum ist tgt- 339 2nd tgt 323 and final tgt if comes near 302. Trial your sl if once comes to ist tgt. I am not responsible for ur profits or losses. Do proper money management before entering into trade.
AXISBANK WEEKLYBullish Crab@1.618XA
now price is at 1.618XA..Crab may also go to 1.902XA Before giving REVERSAL
if we get Confirmation with a Bullish Candle with RSI above 30 then
POTENTIAL BUY
Axis Bank Do or Die zoneAxis Bank Stock Is trading at a very important level right now.
Price is at the Trendline on weekly time frame.
Stock is already down 67% from its all time high and 27% today.
If this level Breaks, we could see 220 next as classic 0.786 Retracement Support.
