AXIS BANK AXIS BANK Chart Analysis
last week given a breakout .. Upside targets given.
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
AXISBANK trade ideas
Axis Bank Swing Trade SetupAxis Bank is trading at its 52-week high and all-time high. There is no resistance on the upper side. Volume is increasing.
The relative strength index is above 60 daily, weekly and monthly.
The cup and handle pattern is visible.
If the prices retest the neck level, 987 - 985, it would be a good entry-level with a target level 1045. We can achieve a 4 risk-to-reward ratio if the trade goes positive.
Even after stretching the stop order below the previous swing low, the risk-reward ratio would be more than 2.
Stop loss can also be trailed as the price moves upward.
Axis Bank Looks Bullish 💪The Axis Bank looks perfect break out & retest and sustain at current market price.
It's Technical Analysis show's Cup & handle break out retest & sustain at the support 💪.
AXIS BANK 🏦 LONGStock ready for Breakout with good volume.Price above the DEMA,
20DEMA is major support & S.L zone.Setup is ready for long.
Rsi Bullish
MACD Bullish
Disclaimer:- This is my personal view for education purpose only.
No Buy sell recommendations give by me.
Axis Bank These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
I am not SEBI Register
Axis Bank*Axis Bank*
C&H Formation on Yearly Basis.
C&H Price Trendline BreakOut Done/Sustained.
RSI: 1H>D=W>M
Strong Vol Consolidation. Continued BuiltUp.
Strong Resistance @989
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
AXIS BANK at multiple resistance levelsAXIS BANK is looking good for a swing. Risk: Reward - 1:5
Wait for a pullback and go with it. Entry-980 to 978 / SL-990 / Target- 960 to 955
Wizard Levels/Zones
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen so, kindly do your own analysis along with my view. Thank you for your SUPPORT.
AXIS BankIt is expected to come out from big consolidation in ratio chart. But it is not sure when it will come out. So stay positive on this stock and find some good entry point. It may give good investment returns as well. Breakout from the upper channel is must.
AXIS BANK IMPORTANT LEVEL FOR THE YEAR NSE:AXISBANK NSE:AXISBANK1! NSE:BANKNIFTY STOCK
DISCLAIMER: DO NOT CONSIDER THIS ANALYSIS AS AN INVESTMENT OR FINANCIAL ADVICE.THIS ANALYSIS IS MADE FOR EDUCATIONAL PURPOSE ONLY.
The Current pattern of Axis Bank is looking slightly bearish for few session as it is making a Descending Triangle pattern, If it breakdown this pattern then it might give some bearish movement.
On the other hand if it breaks down then it has important support and if it took support then it give us a probable ascending triangle pattern and breakout from which will provide us a bullish momentum.
The probability of ascending triangle pattern being made is dependent upon the breakdown from it current bearish pattern that is "Descending Pattern".
I have also marked Important Targets / Profit booking Areas for both bullish and bearish sides.
All the levels and analysis are base upon probable calculation.
I will be Updating these levels if required in the MINDS section so do subscribe to get notified of any important updates.
Also it took lots of efforts to do the analysis, so if you like it then do hit the Boost button.
AXIS BANKit is showing a good volume accumulation near the ATH levels. Above 990 levels I am seeing a axis bank with a strong move till the level of at least 150-170 points from current levels.
Axis Bank "axisbank buy"Ready for breakout above Rs 970.
But this type for breakout are risky due to quick movement towards the Resistance.
It will Sustains above the 970 for few days then it will rock.
If fails then take a Stop loss of 970 and sell future or buy put.
Axis Bank Profit Booking Coming In!Axis Bank is near top-end of rising channel both on Weekly and Monthly Charts. Be cautious on Up-Side!! Profit Booking Coming In Most likely!!
Levels Self-Explanatory
INVERTED HEAD AND SHOULDER PATTERN IN AXIS BANKInverted Head and shoulder pattern has been formed on Axis Bank Breakout above 961 will result in a bullish movement.
Expected Targets are:
TP1 - 969.75
TP2 - 980.65
TP3 - 990
AXISBANK--Consolidation Breakout ??After a long time consolidation price broken the range....
now we have to look at this, will continue down or gives us retracement to enter short.
consolidation to downside, if it is a trap, the price again continue upside...
keep add this stock for long...
AXISBANK - Elliott Wave TheoryAXISBANK - A correction downside is a possibility as it seems to have completed 5 waves up. A resistance (trend) line can also be seen which the price has rejected. A downside break opens up opportunities for selling.
AXIS BANK ON A BREAKOUT!!Axis bank is on a round bottom breakout retest
perfect time to enter on the Retest
BUY @ 985-990
WITH VERY SMALL SL 965
FOR THE TARGET OF 1060 , 1090
P/L ratio 1:4
Axis bank 4 HR time frame buy@954 channel support targetAxis bank 4 HR time frame buy@954 channel support target@ 974 , 979, 984.50
risk reward 1.5
sl@934.80
End of uptrend for now?AXIS BANK monthly chart. A trendline joining the peaks of the up trend has been touched the 4th time.
1st time: March 15, Peak 654
2nd time: June 19, Peak 827
3rd time: Jan 23, Peak 970
Time for a correction?
❤ & follow for more.
AXIS BANK We have been following these trend lines for a long time and continuously making a profit
You can see all the support and resistance have been drawn already
For Education and training purposes
Any views about this are welcome
Note: If the market is sideways we will take buy-side scalping trade
