AXISBANK trade ideas
Axis Bank from 2 June 2020A very simple idea . stock is breaking the channel with good volume and positive RSI and MACD .
targets has been calculated using fib level.
Axis bank confirms negative divergence, can short your shares!From the chart of 1 hour of Axis bank, and by using RSI, we can confirm that the RSI is taking reversal, which implies from RSI Chart that it is a negative divergence. If RSI Cuts the 56-57 levels, we can short axis bank. We can confirm the shorting with the nifty bank charts as similar patterns are watched on 1 hour chart of Nifty bank, negative divergence. So, wait for confirmation and then trade.
Do support me, and comment if you like the idea. Thank you.
Axis Bank Levels to watchAxis Bank closed at 384.95 and could test it's strong support level 369
Levels to watch
if -GAP UP OPENING ABOVE 389.22 then can see 15 point moment upward
if -GAP DOWN OPEN BELOW 368.09 then can see 10 point moment downward
Axis Bank What do next After Heavy rally ?Hello Guys, That's My first Analysis On-axis Bank Please gives like And support my ideas
How are you doing nowadays If you are still not making profit then contact Me,
As you can be seen In chart Its Gives breakout bt Not done retest and now currently Moving below Excess Price I am looking for short in axis bank for target 470-450
Thanks
Axis Bank Ltd (Axisbank - NSE) - Impulse wave patternAxis Bank Ltd (Axisbank - NSE) is in C wave down in daily time frame and in 60 min time frame it is going down to 5th wave of C, which was over as short wave. In weekly time frame it completed impulse up move and now correction ABC down cycle is about to over then new up cycle will start, which might be ABC or impulse. So no more bearish view from this point and Once it broke wave 4 high, it will confirm the end of down cycle.
Short Axis Bank Short Axis bank on basis
1. Over Bought
2. Chart pattern formation called " Wedge"
Stop's and target are as mentioned in chart.
AXISBANK STOCKif the price breakage this RESISTANCE of rectangle we can see the AXISBANK stock up between 580.00 / 635.00 price
AXIS BANK Another Bank similar story . From 850 lever to sub 400 looks cheap but current up move part of correction of long term correction . Any decent rally is a good selling opportunity.
Short AxisbankShort Axis Bank on basis
1. Double Top
2. RSI Negative divergence
3. Fib Retracement @ 0.786
4. Trading Near Previous Structure/Long Wick
Stops and Targets are as mentioned in chart
Dont miss to buy AXIS BANK around 330 levelsStock correct too much expecting 500 + soon stoploss 325 clbs
Good stock to accumulate for long term
AXIS BANK: GANN FAN? Will break support? Let's see this weekAXIS BANK: GANN FAN? If it breaks support of 350 It may head to big correction. Next support near 305 levels
Possible Correction of 12-15% ahead...
AXIS BANK INTRADAY 21-05Dear Traders,
I have share AXISBANK Intraday Trading Details.
BUY - 362.60
STOP - 355
TARGET - 372
DISCLAIMER: We are NOT SEBI registered analysts. We share calls which we trade personally. All calls are for Educational purpose only. We are not responsible for any losses or profit you make.
AXIS BANK - Short SetupLooking at AXIS bank,
Its trading in range from past 1-2 weeks & considering weak Bank NIFTY, we can capture short opportunity in AXIS Bank.
Based on Hourly chart, incase if breaks 385.5 level,
we can go short ... support levels are drawn on chart
Axis bank in Double bottom patternAxis bank currently moving in double bottom pattern which shows some sign of bullish reversal in near future.
target must be placed at its huge resistance of 460 with the stoploss of 400
target is for positional trade.
Disclaimer :- Only for educational and informational purpose only trade on your risk.
Axis bank in double bottom pattern breakout at 423.95Axis bank currently moving in double bottom pattern which shows some sign of bullish reversal in near future.
target must be placed at its huge resistance of 460 with the stoploss of 400
target is for positional trade.
Disclaimer :- Only for educational and informational purpose only trade on your risk.
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!
