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AXIS BANK LTD.AXIS BANK LTD.AXIS BANK LTD.

AXIS BANK LTD.

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AXISBANK trade ideas

AXIS BANK (Long)AXIS Bank Trading Below 200 EMA on Daily chart. facing Resistance fro 50 EMA on Hourly chart. fresh resistance line marked in red colour. Volume is reducing continuously. Resistance Levels are 684 - 721 - 759 - 792 - 824 Support at 661 - 648 Risky Traders can buy @ 661 keeping Targets as 684 - 721 - 759 - 792 - 824 with SL @ 648 Safe traders to make position only above 721 when retested once, which is also 200 EMA on daily chart. This is for Educational and paper trading purpose only. Must consult your financial advisor before investing or taking any position in the market. please correlate by yourself also on charts.
NSE:AXISBANKLong
by EliteMasterTrader007
EMT Next Day Up/Down on Axis BankSimple Indicator If Next day Lines are concentrated as compare to previous day Lines - Move is about to come. If Next day Lines are concentrated and above the previous day Lines, Up move is expected. If Next day Lines are concentrated and below the previous day Lines, Down move is expected. After this you can correlate with chart patterns for its correctness. This is for Educational and paper trading purpose only. Must consult your financial advisor before investing or taking any position in the market. please correlate by yourself also on charts.
NSE:AXISBANKLong
by EliteMasterTrader007
axis bank buy ideathis is a monthly chart and december month is just about to start. It can be seen that stock is available at a long term support line. weekly atr is 43 points out of which 7 point is already minus. More 36 points will bring this stock to 619. Around 625-630 a strong will be obtained. But right now further downside will be less possible as we can see a long term trendline support right here. so my view is a buying can be initiated here with stoploss of 740 and target should be 700 which is making it a 1:3 risk reward ratio. For those who are either trapped up or are interested to invest for a long time it is a good time to add in portfolio.
NSE:AXISBANKLong
by Somanathrout
8
AXSB IN EQUITYSpotted two great buy opportunities (i) Buy opportunity @~INR705 - the likelihood is derived from the intersection point from two mid-term tunnels which were formed in early 2016 and early 2020, respectively. Why isn't it a ~80-90% likelihood? Because the channel's slope (the one formed in early 2020) is too steep - which is in general not in my favor. Having said that, the power of intersection point should override the skepticism around the steepness of the channel (ii) Buy opportunity @~INR543 (~30%) - no details
NSE:AXISBANKLong
by RalphPB