AXISBANK
Axisbank short termWe will see 818 level in short term,trend tehn consolidation and again will go up
AxisbankAxisbank completed a nice symmetrical triangle in wave 4 with all clearly visible subwaves as a,b,c,d,e, and breakout along with good intensity of volume has been done, so now we can presume that wave 5 should have started and can head towards 950 plus in medium term, all other parameters are also supporting this view to go long, all the key levels are mentioned on chart along with stoploss and targets.
breakout with good intensity of volume in daily
wave structure and key levels
macd in weekly uptick and above zero line
macd in daily positive crossover with uptick and above zero line
rsi in daily uptick and above 60 levels
upper bollinger challenged in daily
dmi adx positive ungali setup in daily
bullish mood is active as per emas in daily
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing.
Nifty, Banknifty, Top Stocks Analysis with imp leves!NIfty has made yet another ATH and is now near 17k. I take a look at the important levels and talk more about RSI along with the top stocks of the Indian market.
AXISBANKAXISBANK is at resistance and forming 4 tops if it break up side go bullish and get good target i am not suggesting to go short on axis bank
Axis Bank .... Trading levels for Tommorrow .....Results out
Use this levels for your trading
Enjoy...Trading...
Like... Share.... Follow...
AxisBank Bullish view#AxisBank looks bullish
NSE:AXISBANK
Right pointing backhand index
Invalid below 740, plan your trade accordingly
Intraday Short opportunity scenario If open flat and come price at our selling point 744 then you got easy trade for short in intraday
Axis Bank NSE:AXISBANK Axis Bank To give Breakout
Stock was taking proper support at 728-731/- Level and resistance at 755-759/-.
Simple It formed ascending triangle by taking support at 765/-
Entry: 769 SL: 751 Target:800
axis bankAxis bank trade at demand zone and now i am expecting some correction towards up side..
Purly intraday
axisbank longclear break of a range
800 could be a good level fo a target
if price sustains above 750..that is if this move is not a fake
this can reach 800 levels sure
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.
AXIS BANK - Inverted Head & ShoulderFacts that Supports upward movement : -
i) High Volume and Inverted H& S pattern on verge of breakout
ii) Increase in earnings
iii) Decrease in Gross & Net NPAs.
iv) Target 900-920 suggested by brokerage houses.
v) FPI/FII increased holding from 51.02 to 51.43% in March 2021 qtr.
vi) Reduction in covid cases and normalisation in situation.
Facts against upward movement of price : -
i) The lockdown from April onwards may result in less profits for this quarter.
ii) Promoters decreased holding from 13.93 to 13.58 % in March 2021 qtr.
iii )Mutual Funds decreased holding from 13.93 to 13.58 % in March 2021 qtr.
iv) Volume although high is lesser in the right shoulder pattern.
Axis BAnkAxis Bank has heavy support if bank nifty index bullish then also bullish axis bank on Wednesday and high probably chance to bank nifty open in bullish
breakout after a consolidation here we can see a good consolidation forming on the resistance level which means the sellers are getting weak so this could result in a good breakout. best of luck
Axis_bank_intradayWEdge breakout and so expecting this move eventually. Chk it out. Lets see the outcome
