AXISBANK trade ideas
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
AXISBANK sell for intraday tradingAXISBANK sell for intraday trading if stock break the previous days law with big Red candle........
Axis Bank ShortI am expecting Target in axis Bank 488 to 480.
I may be wrong, Just sharing my view.
#DoubleTop#patterns
AXISBANK 4HRDaily & 4HR Alt Bat & 4HR Crab zone Strong POTENTIAL REVERSAL ZONE
Earlier Pattern given good reaction on Type1 entry & hit Both Targets
now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
AXISBANK buy for intraday tradingAXISBANK buy for intraday trading if stock and BANKNIFTY also strong then we will enter in trade........
Axis Bank small term SwingAxis Bank is falling, due to BANKNIFTY is falling, so trade small term short Swing, Do not go long under 718 because market is crucially negative.
If 648 is crossed then harmonic prz 2.1 will activate.it will go for 623
Sell Axis Bank Till 578You can look for selling opportunities after 650 till 580
SL: 690
TP1:645
TP2:580
After the TP1 trail stop loss to entry for No loss Trade.
Good Luck
Axis bankIt's going to dip for 640 if it goes back again upward it reaches 800 wait for the movement
AXISBANK sell for intraday tradingAXISBANK sell for intraday trading if stock and BANKNIFTY also weak then we will enter in stock..........
Swing & positional trading opportunities for next week (9th May)Our watchlist for the week ahead, compiled with @AVENUESOFINVESTMENT
