AXB trade ideas
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
AxisBank on the verge of TakeoffAxis bank on the verge of breakout, once breakout & retest is done then entry for long position can be taken during retest phase with small SL.
we are on short side axisbankwe are on sell side axisbank near cmp 964 - 975
with sl stoploss level 990
expected target -707
Axis bank intraday view for today - sell chanceAxis bank intraday view for today
Below 949 sell chance for today 940 area support.. below can keep SL
Follow strict risk reward and stop loss..
Charts for Educational purposes only.
Thanks,
V Trade Point
axis bankaxis bank just breaks the support and can rise option can be buy with a good risk to reward
if you like such please contact me ,, we can work together i am a freasher
AxisbankAxisbank Chart Analysis.........29/06/23
Axisbank Short
Sl - 995 Closing basis
Target - 954 / 940
Enjoy !
Axis Bank near major area of value It's a 4h timeframe, analysis it on multiple timeframe at your own
AXIS BANK Axis bank at all time high if this stock consolidates at this price range. then it will have a gud target.
AXIS Bank LongAlthough it depends on the overall market condition still it is a good long-term trade as it is on a weekly frame.
The dotted green line is your target.
Put the stop loss according to your risk management.
Axis Bank As described in the chart levels, Axis is bouncing of from the 2nd accumulation zone.
50% position size is the correct way to go long from here.
