This stock trades with steady volumes on the bourses in all time frames. Similarly, it is in the oversold zones of oscillators in average time frames. The 52W H/L being INR 1,151.85 / 814.25 It is consistently making Higher Highs and Higher Lows. It is standing around its support level in a rising channel. LTP on NSE on 06/Feb/2024 was INR 1,053/- (with a high of...
Closing Price: ₹1,165.25 Change %: 3.49% Volume: 12,818,081 High: ₹1,169.65 Axis Bank has shown an impressive gain of 3.49%, reaching a high of ₹1,169.65. The substantial volume reinforces the bullish trend, indicating strong buying pressure. Such a breakout performance often precedes further price appreciation, making AXISBANK a strong candidate for a swing...
this stock is trading in a channel price is still unable to break the supply zone @1100. if it tries again then definately sellers again push the price downwards,will observe a fallback below the support levels. wait for the price to breaks the keylevel, to go for shortside continuation. keyresistance level and support levels are marked. trendline is...
Keep in long side until price breaks the trendline... ---------------------------------------------------------------------------------------------------- I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points...
After a long time consolidation price broken the range.... now we have to look at this, will continue down or gives us retracement to enter short. consolidation to downside, if it is a trap, the price again continue upside... keep add this stock for long...
AXIS Bank Outlook:: Strong Supply zone is observed @950 zone and Strong demand zone is observed @830 zone, keep on sell side from 950 and Buy side from 830-840 zone. Price is going to enter in consolidation zone...between these 2 levels. Short Term Bearish view:: 950-830 levels.. 1st phase Bearish:: from 950-900 is possible.. 1st Phase:: Bullish view from...
Observations:: After a strong fall price is not able to break the previous high, if price breaks low, price fall is observed up to 900 and 895 levels. previous resistance may again trying to push the price up, if it fails, it falls more. keep track axis bank for short side.
Observations:: In my last view about AXISBANK, broken the trendline and continue fall or rise happens. Now clearly the rise happens from these levels 870. Resistance @ 935-940 range. now The stock price is at Supply zone, price is in range from last 1 week, it will not test the supply zone. consolidation to fake breakout may happens at this level, keep watch...
AXISBANK-Observations: ------>Stock trending upwards -------> Broken Trendline retest is needed. -------->If this is a false breakdown the trend will continue moving upwards again. --------->we have a great supports build at 830-850 levels. ---------> Previous strong demand Zone may act as Resistance and pushes the price towards downside, careful at 905-910...
Price has closed above all EMA making way for an upward movement. The views presented are of the author and do not represent a trade. Kindly consult your financial advisor before investing.
AXISBANK levels marked on chart with daily & H & 15 min chart. Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or...
#AXISBANK good strong breakout after 2 failed attempts >> If it Retraces, accumulate till safe entry levels >> If it doesnt Retraces, enter above previous high levels Targets as per Fibonacci Good Strength in stock Take 5-10% and Keep trailling Keep Learning....Keep Growing....Keep Trading Follow for more Learning
Keep Eye on Axis Bank as Expected Target Price would be 992 🎯 ( Swing Trade ) Note : This is just for Backtesting and Educational Purpose.
The Scrip is breaking out for ATH with an Inverted HnS pattern, Keep this in radar.
Axis bank is one fo the weeker banks today in the BankNifty pack. It is in the support area but the buy orders at support area were not sufficient to push the price higher. We can go long after the first 5 minute candle close above 730. We can go short after the first 5 minute candle close below 721
Long Above - 710.15, T1 - 735, T2 - 763.75, T3 - 783.85, T4 - 804.45, T5 - 836.40, T6 - 871.15, T7 - 891........ SL - 685 Short Below - 684.80, T1 - 671.30, T2 - 658.65, T3 - 631.85, T4 - 623.15, T5 - 590.55, T6 - 570.45, T7 - 550.10..... SL - 705
Buy AXISBANK @/above 702 Intraday/Short term Target 735 Stop Loss 696 Profit approx. 5% Medium term Target 816 Stop Loss 671-665/below Profit approx. 16%
Falling wedge pattern has been broken by a strong bullish candle in Axis bank in 30 mins TF. Wait for Re-test and buy between 720 - 722 and Target price is as mentioned on the chart. This is my view and for educational purpose only.