wave analysis of axis bankwave analysis of axis bank for educational purpose, hope you guys like it please comment like and share.
AXB trade ideas
axisbank buy ideathose who have trapped higher can average 25 percent here, fresh buyers can initiate long positions according to the chart with concerned risk reward ratio, caution...stock is performing low, in a downtrend and currently trading below half yearly pivot. trade accordingly.
Axis Bank maybe still in corrective wave 2This Whole move is contained in one channel making me think
that it may be in correction of Wave 2 only and Flat formation fits well
Expecting it to reach around the middle correction channel line of
around 600-625 range for the buying zone
* will wait for the price action there for a perfect Buy
*Trade only when all odds are in favour.
Axis Bank BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near swing high.
Axis Bank ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone, 200 EMA, 200 MA & the lower trendline. The target is placed near resistance.
Axis BankMust Correlate yourself on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
axis bank trade setupaxis bank travelling in a rising channel, currently available at the lower line, a buy can be initiated with a stop of 760, stock is struggling to close above 810 in a monthly chart, hopefully this month ending might close above 810.
Axis Bank going with strong breakoutAxis Bank Breaks the neckline of Head and shoulder pattren on daily timeframe. NSE:AXISBANK
AXIS BANK LOOKING BULLISHAxis bank is looking great for a swing trade on a long side . If the market momentum is plosive on index .One can easily look for 25-30 rs profit from current level.
Axis Bank Swing Trade Axis Bank
Entry 785
target 1 820
Target 2 840
Target 3 920
Strong confluence with volume support at 780
Follow for more
Axis Bank Inverted head & shoulders One can go long when price crosses 760 for
1st target 800
2nd target 825
3rd target 850
Axis bank , crossing major resistance.. looks bullishinverse head & shoulder pattern. good results are expected based on ICICI bank.
for education purpose only
Axis Bank Buy Opportunity _H&S Pattern_Hourly CandleAfter Touching Low of 754 Axis Bank showed a very good recovery and Stock is trading at its resistance level.
H&S patten is formed on hourly chart closing above 821 will confirm brekout and one can expect a target of 880 in coming days.
Don't forget to like and share Idea.
Happy Trading
[Price Action] Axis Bank can trend to 940 in coming days840-850 is a good place for consolidation or profit book. For a good wait time, 940 makes sense
Axis Bank :: Weekly Time FrameAxis Bank is forming a beautiful inverted Head & Shoulder Pattern on Weekly TF. If it breaks above 826 then it should lead to around 1000 levels in 2-3 month time frame as per the pattern.
Keep a close eye on this...
Note: This analysis is only for education purpose no recommendation...!!!
Buy Axisbank above 772 Target 786/804/814 stop loss below 754 Currently it is holding 50dma which is a good sign for the bulls as it made a hammer with ignorable upper wick. It has all the potential to achieve above mentioned targets provided it hold 50dma on closing basis.
Breakout in Axis bankWeekly breakout in Axis bank
Buy above 821.50
Intraday Targets 831/840/850
Positionally can reach to 900 also (good results expected)
Stoploss 812
Axisbank - NEoWaveAxisbank is running for the half yearly corrective WAVE-(B), Inside WAVE-(B) it is forming a zigzag pattern, Wave-A and Wave-B of zigzag pattern is finished. Now it is ready for the Wave-C of zigzag. The minmum target of Wave-C of zigzag will be bear 980, Then it may go for 1150, 1500, 1930 and 2300 respectively in case of extended C Wave. Wave-C will be corrective itself and this all will take time because we are checking half yearly wave chart.
AXISBANK is ready for Breakout AXISBANK Ready for Breakout, Breakout level 800.
If breaks 800 we can buy for the target of 820-850
