AxisbankAxisbank made rounding bottom on bigger time frames with good volumes.
Could be bought with mentioned stoploss & targets
AXISBANK trade ideas
AXISBANK - short term tradeBuy 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%
AxisbankAxisbank made rounding bottom on an hourly chart & its breaking out of it with decent volumes.
Could be bought with mentioned stoploss & targets.
Close above 647 and boomOn daily timeframe it is on the strong support with make or break situation and on hourly it has made inverse head and shoulder, with a divergence on daily and hourly.
It has made W pattern on daily timeframe
Axis Bank good for SwingPositive news of CITI Bank Credit card business acquire.
Buy above 767
Targets : 810, 580+
SL 749
AXIS BANK buy for intraday tradingAXIS BANK buy for intraday trading if stock and BANKNIFTY was also strong then we will enter in trade.......
Axis bank heded 800 in near terms.Axis bank is looking for target price 800. You will see these target within 45 days.
1-Minute scalpingtrying to make more videos on 1 minute scalping like stock, indices, and crypto in coming days..
Axis bank chart analysisPattern formed multiple wolf wave
Axis bank in make or break zone.
29 june/1july period important.
If closes above 640 bulls can have upper hands.683/720/832
If Closes below 590 bears area 498 to 427
Axis bank formed a head and shoulder pattern
A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height and the middle is the highest.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
DISCLAIMER :
I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions.
Bullish in Axis bank I am bullish in Axis bank with present levels mentioned in charts , with target of 666.70 .
Note- Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.
AXIS BANK buy tgt 700 and aboveaxis bank structure is strong, since all the major indices are bouncing back nifty bank is one of the index showing a move ahead above 35000 mark.
axis bank will be one of the participant in this rally of bank nifty.
price setup:
axis bank is trading above its short term ema and above 50sma range. and can achieve the target above 700 to 720 near the 2hours 200ema.
indicators:
RSI - is strong and rising,
ADX- is greater the 20 and +DI is also confirming the trend and can conclude the momentum exists in the favour of bull,
williams %r: it is indicating that the trend can sustain above the range and can stay in the position.
to do:
buy near 670 to 675
stop loss 659.5
target - 694 / 700 / 720
Road map for AXIS!!!!The stock seems to have turned bullish and consolidatoion done!
BO out of a C&H!
Following levels should be respected!
Axis Bank 1hr time frameBullish pattern
Axis Bank take support and move up constantly and also formed bullish pattern
( INTRADAY stocks )
Not for holding
AXIS Bank buy for intraday tradingAXIS Bank buy for intraday trading if stock and BANKNIFTY was also strong then we will enter in trade.......
Strong Support near 624, It can give a trend reversal from there, now its good time to invest in this stock in staggered manner, but if it breaks the support then stoploss will be 580.
Axis Bank BreakdownNSE:AXISBANK2!
The stock has broken down and retested, therefore may undergo a correction in the short term. Trade is supported by Resistances Nearby.
Risk Reward Ratio - 2:1
SL is placed above the resistance zone & the lower trendline.
Banknifty Major Components ReviewHDFC Bank
-From last two trading session volume is good
-Made bullish pin candle at bottom
-Respecting old swing low
ICICI Bank
-From last two trading session volume is good
-Outperformed and closed at 3.95% gain
-Made bullish candle on daily chart
Kotak Bank
-Among all the components this bank is very strong
-After results most of the day made green candle on daily chart
-1840 is breakout level and closed near the same level
-Potential target 1970
Axis Bank
-After mutual fund scam still managed to hold previous swing low
-Last session volume is good
-Swig low support maintained
SBI Bank
-Holding previous swing low
-Volume is good
-Potential target is 500
-Multiple times bounce from same support area
#banknifty #hdfcbank #icicibank #kotakbank #axisbank #sbibank
