AXIS BANK#Axisbank is near its resistance of 1108-10, Buy only above 1110 (hourly closing) for a minimum target of 1125 and final target of 1150 with a stop below 1108 (hourly closing).
AXISBANK trade ideas
AXIS BANK Support & Resistance Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
In & Out- Swing TradeScenario 1
if market opens positive then wait for the stock to form resistance , once resistance confirmed then go for shorting.
Scenario 2
if market opens negative then wait for the market to form a proper support and if stock trades near the support area then go for shorting.
SL - Above 1127
AXIS BANK DAILY CANDLE LONG ANALYSISAXIS BANK DAILY CANDLE ANALYSIS looks great buying opportunity near 815 to 820 for the target price around 1020 with the stop loss of 795
💥Axis Bank💥-Nice Breakout💥Axis Bank💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-1121
Breakout Price-1121
Stoploss-996
Targets-1448-1650
RT for max reach
#axisbank #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
AxisBank Postional TradePlease refer the charts for the levels
Expecting to achieve all the targets in 2 months
Chart of the week. Techno-Funda pick. Axis bankI started recommending this share since 900. Currently its trading at 1100. Last week it has given a Fibonacci breakout above its 1.6 level. The next major resistance would be around 1500. I love to take trades especially if the company is fundamentally strong. Chart is strong with extremally good RR. A new entrants either keep deep sl or no sl for this trade.
CMP - 1100 (3/12/23)
T - 1500 W
SL - 1035 w
Axis Bank Simple Price Action Analysis BullishNSE:AXISBANK is in an Uptrend making continuous HHs and HLs in the Candlestick Chart.
With these HH and HL, the price has created two Bullish Patterns in this Chart: A Cup and Handle Pattern which is a Continuation Pattern, and a Right-Angled Descending Broadening Triangle.
We also have a few Trap Zones in this chart; hence my expectation is that the Price of Axis Bank should go up and make another HH.
Looking at a Target of 164 that is approx. 12% Return on Investment.
AXIS bank at 52 week high buy @ cmp
reward @ 1:2 / trailing stop loss
this is only for education purpose only
please enter at your own risk
AXIS bank at 52 week high
please watch careful as 52 week high is itself a risk....
AXISBANK--@Resistance ZoneThis 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 for a continuation of the trend after a pullback.
keep safe here.
expecting a clean fall in AXIS BANKprice made a Change of Character in ATH, and taken the inducement to fall more.
Short Selling Opportunity In AXISBANKNSE:AXISBANK
Short Selling Opportunity in AXISBANK.
Entry: 980.50 (Lower Low Structure)
Stoploss: 1003.10
Target: 925
Don't trade without hedging the position to minimize the losses!
AXIS bANKStocks trading near their 2 Day high as well as Bullish Derivation with rising volumes and closing strong , indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
Axisbank📢 Trendline broken stock📢
These are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar 📡
This content only education purpose!
❗I am not sebi ragister❗
AXIS BANKStocks trading near 5 day Low & 1H POI, its strong Support Zone , indicating a possible breakout
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
Axis bank elliot wave analysisAxis bank elliot wave analysis one hour chart
price down side complete Wave A or Wave B complete upside internal wave a,b,c or Wave C downside move 1,2,3,4,5
INTRADAY & POSITIONAL LEVELS FOR OCT 23NSE:AXISBANK BSE:AXIS1! NSE:AXISBANK1!
All the Marked levels are valid for the month of October 2023.
Levels marked in green and yellow colour represent the area in which bullish movement is expected.
Levels marked in red colour represent the area where all the bearish movement is expected.
I am expecting bullish / Upside movement from the lower levels .
If in case all levels gets exhausted either on the up side or down side, i will update .
Use these levels with your existing strategy and try to go short or long near or at the levels so that your stoploss can be minimized.
All the best folks.
Axis bank looking weak 955 1st LEVEL to watch on downside On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Axisbank more upside pending buying recommended at 1002On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Axis Bank trying to break Upside resistance On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Axis Bank - Can we short it for profit?
If Nifty close in red tomorrow, Axis bank can be short trade to make 4-5% in a week or less.
Axis Bank looks weekAxis bank overall looks weak, with strong sellers, as bank nifty also weak, we would get a good opportunity on the down side, do track it
