AXISBANK : Intraday levelsAXISBANK levels marked on chart with daily & H & 15 min chart.
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My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
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Axisbankfuture
Axis Bank Trade Setup Idea for 30 August, 2022Axis 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
AxisBankBuy AxisBank using three Trend lines yellow, green and red trend lines . Buy at 441.80 price .Target of 489 around 10% . Stop Loss is the red line around 1.39% @ If it starts breaking the red trend line . You can also take a Short Position . Then it can go Down. Also RSI there seems more room for upward movement. For risk of 1.39 % there is an upside of 10%