breakout after a consolidation here we can see a good consolidation forming on the resistance level which means the sellers are getting weak so this could result in a good breakout. best of luck
AXISBANK trade ideas
Axis_bank_intradayWEdge breakout and so expecting this move eventually. Chk it out. Lets see the outcome
Axis Bank only for education purpose.
and if you trade the remember stoploss is your best friend .
Disclaimer: The above is shared just for educational purpose and is my personal view.
By no means shall I be accountable for any debits/losses amounting out of it.
I am not a SEBI registered Analyst, so please consult your Investment Advisor and take rational decisions
AXIS BANK Swing TradeAXIS BANK is forming a triangular pattern as well as inverse head & shoulder pattern. Price is expected to reach above 760-770.
AXISBANK LONG INTRADAY 24 MAY,2021Dear trader,
If u look at the chart of AXISBANK (analysis based intraday only) the AXISBANK Buy at 730 and Target at 745
Best Buy at 728.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Axisbank Axisbank looking in Bullish impulse started
One can go Long now or in dips with stoploss of 704
All the key levels are mentioned in chart with Stop-loss and Targets.
Head and Shoulder Pattern Neckline Breakout
Impulse Started
Macd in daily time frame positive and Uptick
Macd in hourly time frame positive and Uptick
Rsi in daily at 59 along with Uptick
Rsi in hourly above 60
Upper Bollinger Challenged in Hourly
DMI and adx positive attitude
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Bullish Reversal On Weekly Chart Of Axis Bank.NSE:AXISBANK
Last week (17th May 2021) closing of AXISBANK weekly candle indicating good reversal or one can even say beginning of up move after retracement.
If we get any follow through to this weekly candle even on daily chart its will be good confirmation for AxisBank to be making new lifetime high.
For short term or long term investors AxisBank have good support near 560-530.
As far as targets are concerned I always prefer to use Fib Extension tool when there is no background remain for any stock. And as per Fib Extensions level of 1.618 AXISBANK may reach 1270 within a period of 3-6 months.
Thanks for Reading and sorry there is not much to say in this chart. Its looks too simple.
|| Hari Om ||
AXIS BANK TRADE SETUP(swing trade)Axis Bank breakout of inverse Head & shoulder on daily time frame.
Breakout the resistance with strong bullish candle forming morning star pattern.
Break Fibonacci 0.618 level(Rs719)
Buy above 735
SL 718
Target 776, 784, 799
AXISBANK 4HRBearish BAT
VERTICAL DOTTED LINE are Ultra high volume up bars -
Higher volume- Professionals are selling into the public buying
SET UP BECOMES VALID ONLY when RSI is below 70 and with Break of GREEN TREND LINE with low volumes & with NO DEMAND l.e place for short
POTENTIAL SELL
AXIS BANK_BULLISH VIEWXABCD PATTERN ACTIVATED IN AXIS BANK
Point B crossed.
Risk to Reward ratio is very attractive
BUY above 730
TARGET : 780
STOP LOSS : 707
Axis Bank for Axis Bank has been trading in a parallel channel formed after breakout from the falling wedge post reaching all time high of above 826 with a support of 100 DEMA. 697 forms the immediate breakdown support and 715 as the breakout resistance for intraday on 20th May 2021. Buy above 715 and sell below 697.
