Bearish trend is been identified on Axis Bank for 25th Jun 2020Axis Bank potential trend reversal is identified...
AXISBANK trade ideas
Axis Bank bullish symmetrical triangle forecast Formation of Bullish symmetrical triangle and faced the resistance on point 5. Forecasting the support between 375-380 on point 6 then reverse and breakout towards 100EMA. (Disclaimer: it is only for education purpose.)
AXIS BANK LOOKS LIKE IT WILL BREAK TRIANGLE ON UPPER SIDE AXIS bank might break trend line and move upward, keeping in mind that global scenarios look kinda positive. I will book profit if it reverses and moves downwards.
Please take decision based on your own analysis
long sectro PE ratio is 13, sector recovering fast with great earning , trend breakout pattern is ready for bullish breakout with 20 & 9 MA as a strong support, its showing strong up trend.
Axis Bank Analysis for intraday trade for 22nd May 2020Intraday analysis for Axis Bank for today's intraday......
AXIS BANK LOOKS STRONGAXIS BANK LOOKS STRONG CAN REACH 430 AS it's perfectly following trend lines and respecting the support and resistance levels. immediate target can be 423
AXISBANK LONG PARALLEL PATTERNHi,
Axis Bank stock chart..3 more parrallel channel found..
I separated all parallel lines..
we should check every parallel channel for break out...
IF 1 ST CHANNEL BREAK,, TAKE BUY ENTRY..
TARGET 682
STOP LOSS 295
WAIT FOR ENTRY...
AXIS BANK RESISTANCE Around 415AXIS BANK RESISTANCE Around 415 If Break Today than Expect Good Upside Moment
AXIS looks weak, but good stock for medium to long termAXIS BANK LOOKS LIKE IT WILL STAY BETWEEN THE TWO GREEN PARALLEL TREND LINES INDICATED.
The global markets are moving upwards, but KEEP IN MIND THE TENSION AT INDO-CHINA BORDER.
ACCUMULATE at 340.
AXISBANK touched the resistance at 384, Now expect the fallAXISBANK has recently touched the mirror level of 384
Now, the down move had begun
I had added a short, If got more opportunity I will add more shorts at better price
If market open above and starting moving down, more shorts
Target will be 365 for short term, intraday
HAHAHA lets go! if things remain positive axis will breakoutHAHAHAHAH LET'S GOOOO KEEP IN MIND THE GLOBAL SCENARIO!
no one can predict the future, no one.so ignore arrow drawing, focus only at major, support and resistance. take decision nr to support and resistance for the best risk/reward.
