AXISBANK trade ideas
BREAK OUT OF A TREND LINEstock has been forming lowers lows and highs,dow trend line breakout happened.
one can go long at the close of the breakout candle
SL at 1 ATR below the low of the breakout candle
Targets 616,625,633.80
Go short if open flat or almost flat and cross level Go short if open flat or almost flat and cross level
Axis Bank - Breakout AwaitedThe stock is currently in a range from and the breakout confirms the trend and mostly bearish breakdown expected...
AXIS BANK POTENTIAL LONG TRADEHi TV people, Nice buying setup is in formation in axis bank, corrective pattern seems like a expanding flat. in my previous idea i had posted about short opportunity, i hope someone who found that useful made some profit in it. this long setup is very major in terms of r:r. so look for long setups in lower time frame for entries.
Thanks!
AXIS BANK DAILY FLAG BREAKOUT LONGOn Daily Time Frame Flag Breakout is happening and also in Hourly TIME Frame Triangle Breakout, Can Look for Long from Levels of 610
Axisbank swing Target 1 is the first green line the second target is even higher
The range between the black line is no trade zone
the red line indicates resistance if at all it's broken the trend is broken too.
Axis Bank Forecasting Pls refer the chart.
Script is trading in a pennant pattern range ,& you can zoom out the chart to understand it better that pole is also plotted there and now it is available at resistance encircled so if you want to trade this on upcoming session then you can trade according to your risk reward ratio.
if it give breakout in up side then 628 is the tgt and if it breakedown then 592 is the tgt .
If any suggestion or query pls comment or ask in to chat.
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Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.
AXIS BANK CHART 4/12/2020AXIS BANK CHART Daily Chart till to- 04/12/2020
What You See In This Chart?
How to take Trade?
Which Type Take Entry (Long / Short)?
Which Price For StopLoss?
Which Price For Target?
Please Comment What You Think About Axis Bank Trade!!!!!
Disclaimer :- This Chart For Only Educational Purpose, We Can't Give Any Buy Sell Tips or Call, Learn first before take any trade....
Axis Bank Long As you can see the daily chart of Axis Bank you can see the bullish flag pattern and it's breakout level above 620.
One can buy Axis Bank above 620 with SL at 590 and Target should be 675-700.
SL on closing basis.
AXISBANK - Bull Flag - Breakout awaited - SwingThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target
Stock is at good consolidation phase and it can be accumulated with small SL below 590.
Stock is fundamentally strong.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Do check similar pattern in LT. Link is shared below
Go long on AXIS BANKIf Axis Bank gives a positive breakout, take a long position. Unless it reaches the Yellow Zone, Do not sell the stock. If the stock tends to consolidate there, go ahead and sell the stock.
HAPPY TRADING.
Axisbank - EW analysis - triangle breakout Axisbank is in 4th wave triangle similar like Nifty and banknifty. Go long with stop loss below 595.50 after breakout above 613 for target above 650 or higher level. After breakout the price movement should be fast, if not then it may fail the triangle.
Axis BankTHIS STOCK IS FOR TOMMORROW(03-12-2020) FORMING NARROW CPR ,MAY GIVE 1% FOR INTRADAY.
Note:
• Avoid the stock if a big gap down is seen
• Enter after breakout happens and not before it
• Do not chase the market, i.e. do not get involved late entries
• Only enter with stritct stop-loss and target
• This is not a recommendation and is for education purpose only
• Always follow risk-reward and quantity management for the 100% of the times
• The above mentioned idea may not work so beware of the risk you are taking
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Happy Trading!
