AXISBANK
AXIS BANK at Best Support !!This is the 1 hour chart of AXIS BANK .
Axis bank having a good law of polarity at 1200 level.
Axisbank is moving in well defined parallel channel with support range 1160-1180 .
If this level is sustain , then we may see higher prices in AXISBANK.
AxisBank could drop to 1150 and 1100 for bounce backAxis Bank could drop to 1150 and 1100 levels for bounce back to 1200 and plus levels.
Note: This is not a buy/sell trade call. Trade at your own will and analysis. Use stop loss too.
Live buy signal in AxisBank at 1182.6Live Khareedo (Buy) signal in AxisBank at 1182.6. Lets see how much it will rise.
Note: This is not a buy/sell trade call. Use stop loss.
63 points dropped #AxisBank after #SignalsWalaJin signal63 points dropped #Axisbank share after generation of Signal "Becho" means sell by my custom designed indicator named SignalsWalaJin
Note: This is not a buy sell trade call. Trade at your own will. Use stop loss too.
Axis Bank left bearish zoneAxis bank just left bearish zone and entered bullish zone.
Note. This is not a buy sell trade call.
AXISBANKNSE:AXISBANK
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
AXISBANK - Whats nExt?So after some anticipation from my indian friends for HDFC Bank LTD, here its for AXISBANK ltd. Here breaking blackline with vol, would fill the 1033 the upside tasuki gaps, but high FVG below the line i marked!
Axis Bank ShortAxis Bank Short & then Long Trade
Short Entry
CMP
Target 981
Long Entry 980
Target 1135
Price will enter long term correction after that.
SL 1193
AXIS BANK AT TL SUPPORT
Axis Bank is forming a **symmetrical triangle pattern**, and it’s better to wait for a **candle confirmation** at the weekly time frame closing before planning an entry. For a **short-term plan**, can expect a target up to the **resistance level**.
AXISBANK--Near Its Demands??This stock is bullish from long term.
we have to look for buying opportunities to continue in the trend.
if we see trendline is acting as support multiple times at bottom side...
on the topside we have dynamic resistance in the form of trendline.
when price takes the support again from the bottom side trendline,
we will go for buying, when price breaks the topside trendline and retest.
we have a lot of liquidity is lies below the trendline on bottom side.
If price takes all the liquidity then an immediate entry is placed at 960 to 920 levels.
Look for buying opportunities in this stock.
Axis Bank: Preparing to Break Resistance – A Rally in the MakingCurrent Price: ₹1,142.40 (+0.29%)
Axis Bank is consolidating near its Golden Retracement Zone (₹1,098 - ₹1,112) after breaking out of its Previous CHoCH Zone (Change of Character). It is also testing a trendline resistance, with potential for a breakout rally toward supply mitigation levels.
Key Levels:
Buy Zone: ₹1,112 - ₹1,143 (Golden Retracement Zone)
Stop Loss: ₹1,098 (on a daily close below the retracement zone)
Target 1: ₹1,280
Target 2: ₹1,303 - ₹1,326 (Supply mitigation zone)
Key Observations:
Golden Retracement Zone: Acts as a strong support for a bounce.
Trendline Breakout: A successful breakout above the resistance line may lead to sustained upward momentum.
Supply Zone: ₹1,303 - ₹1,326 is the next key level to watch for profit booking.
Disclaimer:
This analysis is for educational purposes only and is not financial advice. I am not a SEBI-registered analyst. Please do your own research or consult a financial advisor before making any investment decisions.
Axis Bank Technical Analysis: Cautious Outlook Near Key Support
Axis Bank is currently trading near a crucial support level at approximately ₹1120, significantly below its all-time high of ₹1340. Recent price action within a range of around ₹1133 indicates a period of consolidation.
Bearish Scenario: A decisive break below ₹1120 would be a bearish signal, potentially triggering a further decline towards ₹1080.
Market Context: It's vital to consider the broader market. Both Nifty and Bank Nifty indices are also trading near their support levels, suggesting a potential market-wide rebound. This adds a layer of uncertainty to the Axis Bank outlook.
Bullish Scenario: Conversely, a sustained move above the resistance level of ₹1200 would signal a significant shift in momentum, potentially initiating a rally.
Recommendation: Given the current market dynamics and Axis Bank's proximity to key support, we recommend a cautious approach. Investors should closely monitor price action and volume before making any significant trading decisions. A break above or below the key levels, accompanied by strong volume, would provide greater confirmation of the prevailing trend.
Axis Bank-Bullish Swing- Strong Supply zone!!
12.08.2024
Buy 1163
Target 1260
Stop Loss 1115
Risk Reward- 1:2
1. Inside bar breakout after good consolidation
2. Weekly Doji breakout
3. 200 EMA Rejection
4. Price rejected at 0.618 Fibonacci level
5. Gradual decrease in volumes in downtrend.
6. Strength of bear candles reduced.
7. RSI has reached over sold and now recovered to 40
8. Price rejection at resistance turned to support zone
NSE:AXISBANK
Ascending triangle | Trend continuation | Intradayhey Traders,
An intraday entry awaiting.
Its a ascending triangle breakout and works as a trend continuation.
Enter after the triangle breakout, make an aggressive entry.
Axis BankImportant points marked.
*****Education purpose only*****
*****Investing in Equity is subjected to market risk do own research before investing*****
Axis Bank Ltd breaks key levels, bullish momentum building!➡️ Bullish breakout above ₹1,199.70, with next target at ₹1,324.3
AXIS BANK HAS BROKEN THE RESISTANCE!AXIS BANK has broken the short-term resistance level successfully. A small upmove may be seen from here.
Axis bank has a chance to ace it..Axis Bank Ltd. engages in banking and financial services. It provides financial solutions to retail, small and medium enterprises, government, and corporate businesses. It operates through the following segments: Treasury, Retail Banking, Corporate or Wholesale Banking, and Other Banking Business. The Other Banking Business segment encompasses para banking activities such as third party product distribution advisory and other banking transactions.
Axis Bank Ltd. CMP is 1188.80. The positive aspects of the company are low Valuation (P.E. =13.8), Company with Zero Promoter Pledge, Increasing Revenue every Quarter for the past 8 Quarters, Mutual Funds Increased Shareholding over the Past Two Months, MFs increased their shareholding last quarter and Book Value per share Improving for last 2 years. The Negative aspects of the company are Poor cash generated from core business, declining Cash Flow from Operations and Increase in Provisions in the recent results.
Entry can be taken after closing above 1191 Targets in the stock will be 1206, 1243 and 1270. The long-term target in the stock will be 1292, 1313 and 1337. Stop loss in the stock should be maintained at Closing below 1127.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
View1177 is the level. If 30 min candle closes above 1177 level tomorrow then you can go long in Axis Bank. You can buy Axis bank sept futures or Axisbank 1180 AUG PE. Keep SL at 50% of premium received . Example if you short Put @12 then keep SL @18 and book SL in futures if the Option premium reaches 18.
#DHANBANK 44.16 TGT 70+ #BankNifty #Stocks #Nifty #Watchlist #ITDHANBANK 44.16
TGT 71 // 78
SL 42
TF < 6M
RR > 4
Return >70%
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