INVERSE HEAD & SHOULDERAXISBANK fut broke out of inverse head & shoulder pattern on an hourly charts with decent OI.
Risk:Reward = 1:2.5
Could be bought with mentioned stoploss & target.
Should I buy Axis Bank in FNO for positional trade?It is said that RSI has the power to fool you... There is a bearish divergence in the daily chart of Axis Bank Fut but if you notice, RSI has gone up tin the overbought zone multiple times but hasn't broken the 30 mark on the downside.
RSI basically indicates strength and it not breaking the overso
E SAALA CUP NAAM DEAxisbank fut made cup n handle pattern on an hourly chart with decrease in OI suggesting shortcovering.
Risk:Reward = 1:2
Could be bought with mentioned stoploss & target.
shor term call---- sell axis bank1038@--1040 sl 1049 tgt 1028-short term call---- sell axis bank1038@--1040 sl 1049 tgt 1028--1018=== last buy was rocked looking profit booking @ higher price soon
Bank nifty 🐻Bank nifty forming a ascending channel pattern consider as a bearish pattern.
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DYOR
Axis Bank Axis Bank broke the trend line and retesting the trend line after the retest it may pump.
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DYOR!!!
AXIS BANK Short Opportunity 30MTF based on 3 simple indicatorsIndicators: Bollinger bands, 200EMA and RSI
Trade Conviction:
RSI strength is decreasing
IF price breaks down 5 days average price then only we can see good down move
Dear traders, I have identified chart levels based on my analysis,
major support & resistance levels. Please note that I am not a
Axis 50 SMA, Strong Result profit bookingExtremely Bullish, stock at 50 SMA, and near daily trendline support.
Stop loss at trendline. Upside initial target 818
AXIS BANK SHORT TERM LONG TRADE AXIS BANK IS A GOOD BUY AT CMP. BUT DO TAKE CHECK YOU RISK REWARD BEFORE ENTERING. LEVELS ARE MARKED ON THE CHART ONLY DO CHECK.
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.