AXB trade ideas
AXIS BANK LOOKS STRONGAXIS BANK LOOKS STRONG CAN REACH 430 AS it's perfectly following trend lines and respecting the support and resistance levels. immediate target can be 423
AXISBANK LONG PARALLEL PATTERNHi,
Axis Bank stock chart..3 more parrallel channel found..
I separated all parallel lines..
we should check every parallel channel for break out...
IF 1 ST CHANNEL BREAK,, TAKE BUY ENTRY..
TARGET 682
STOP LOSS 295
WAIT FOR ENTRY...
AXIS BANK RESISTANCE Around 415AXIS BANK RESISTANCE Around 415 If Break Today than Expect Good Upside Moment
AXIS looks weak, but good stock for medium to long termAXIS BANK LOOKS LIKE IT WILL STAY BETWEEN THE TWO GREEN PARALLEL TREND LINES INDICATED.
The global markets are moving upwards, but KEEP IN MIND THE TENSION AT INDO-CHINA BORDER.
ACCUMULATE at 340.
AXISBANK touched the resistance at 384, Now expect the fallAXISBANK has recently touched the mirror level of 384
Now, the down move had begun
I had added a short, If got more opportunity I will add more shorts at better price
If market open above and starting moving down, more shorts
Target will be 365 for short term, intraday
HAHAHA lets go! if things remain positive axis will breakoutHAHAHAHAH LET'S GOOOO KEEP IN MIND THE GLOBAL SCENARIO!
no one can predict the future, no one.so ignore arrow drawing, focus only at major, support and resistance. take decision nr to support and resistance for the best risk/reward.
Short Axis bankShort Axis bank on basis of Double Top
RSI Negative Divergence.
Stop is mentioned in chart
R:R = 1:1
AXIS BANK: LONGAXIS BANK:
BUY ABOVE 432 - 435 SL 428 TARGET 445
SELL BELOW 420 - 422 SL 430 TARGET 410
PRESENT TREND UP (SHORT COVERING)
AXIS BANK buying opportunitybreaking out trendline with rsi bulish..... NSE:AXISBANK
also breaking channel don't miss opportunity
