AXISBANK - Bull Flag - Breakout awaited - SwingThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target
Stock is at good consolidation phase and it can be accumulated with small SL below 590.
Stock is fundamentally strong.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Do check similar pattern in LT. Link is shared below
AXB trade ideas
Axis BankTHIS STOCK IS FOR TOMMORROW(03-12-2020) FORMING NARROW CPR ,MAY GIVE 1% FOR INTRADAY.
Note:
• Avoid the stock if a big gap down is seen
• Enter after breakout happens and not before it
• Do not chase the market, i.e. do not get involved late entries
• Only enter with stritct stop-loss and target
• This is not a recommendation and is for education purpose only
• Always follow risk-reward and quantity management for the 100% of the times
• The above mentioned idea may not work so beware of the risk you are taking
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Happy Trading!
AXISBANK - Bearish H&S Pattern - Intraday/Very short term This analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
Axis Bank - BearishAxis Bank CMP - 599.70
Looking bearish in higher time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Sell at or Below ONLY 594 / Stop Loss 601
Target 1 - 590
Target 2 - 585
Target 3 – 580 / 575
Disclaimer: This is my view and for educational purpose only.
AXISBANK - Rising Wedge Pattern (Intraday/Very Short Term)This analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion