AXISBANK trade ideas
AXIS BANK Looks good for swing trade
#axisbank #swingtrade
DISCLIMER : Its not a call before Investing take an advise from your financial adviser.
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
short idea for Axis Bankhi have taken 25 percent position at this level. If price goes to 777 and retest successfully and shows a negative candle. i will add rest 75 percent and will ride it
if price strongly goes above 777 i will exit.
AXISBANKAXISBANK......................
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axisbank 15min time frame 15 mint time frame axisbank chart make rising wege pattern
and rsi divergen is bearish
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
AxisbankAxisbank broke out of multiple strong resistance zone of 739-740 with decent volumes.
Could be bought with mentioned stoploss & targets.
Axis bank studyGap up open + breakout
Gap up open + sideways
Gap up open + rejection
Possible double top pattern (45 min. tf)
Above 21 ema.
Supply / resistance zone marked.
AxisbankAxisbank made rounding bottom on bigger time frames with good volumes.
Could be bought with mentioned stoploss & targets
AXISBANK - short term tradeBuy AXISBANK @/above 702
Intraday/Short term Target 735
Stop Loss 696
Profit approx. 5%
Medium term Target 816
Stop Loss 671-665/below
Profit approx. 16%
AxisbankAxisbank made rounding bottom on an hourly chart & its breaking out of it with decent volumes.
Could be bought with mentioned stoploss & targets.
Close above 647 and boomOn daily timeframe it is on the strong support with make or break situation and on hourly it has made inverse head and shoulder, with a divergence on daily and hourly.
It has made W pattern on daily timeframe
Axis Bank good for SwingPositive news of CITI Bank Credit card business acquire.
Buy above 767
Targets : 810, 580+
SL 749
AXIS BANK buy for intraday tradingAXIS BANK buy for intraday trading if stock and BANKNIFTY was also strong then we will enter in trade.......
Axis bank heded 800 in near terms.Axis bank is looking for target price 800. You will see these target within 45 days.
1-Minute scalpingtrying to make more videos on 1 minute scalping like stock, indices, and crypto in coming days..
Axis bank chart analysisPattern formed multiple wolf wave
Axis bank in make or break zone.
29 june/1july period important.
If closes above 640 bulls can have upper hands.683/720/832
If Closes below 590 bears area 498 to 427
Axis bank formed a head and shoulder pattern
A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height and the middle is the highest.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
DISCLAIMER :
I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions.
