AXIS BANK LONG POSITION OPPOURTINITY I wanted to share with you my trend analysis for Axis Bank's current trading situation on TradingView. From my analysis, it appears that the stock is approaching a key support area, which could present a potential opportunity for a long position.
As you can see from the chart, AXIS Bank has been in a generally upward trend over the past few months, but it recently encountered some resistance and began to pull back. However, the stock is now approaching a support level that has held up in the past, which suggests that there may be some buying interest at this level.
Based on this analysis, I believe that it could be a good time to consider entering a long position in axis Bank near the support area. Of course, as with any investment, there are always risks involved, so it's important to carefully consider your personal investment goals and risk tolerance before making any decisions.
Overall, I think that AXIS Bank is a strong company with a solid track record, and I feel optimistic about the potential for a profitable investment at this time. Please let me know if you have any questions or concerns, and I'll be happy to help.
AXISBANK trade ideas
AXISBANK Sell on riseAxisbank running on a range of 830 906 - As last time we saw Break down support 908 and fall was till 830...
now fresh normal support 854. hold than bounce else again we will see towards 830.
Major demand Zone 824CB Break than Ready for journey towards 780 724+++
View will be invalid above 906 916 !!!!
AXISBANK : Intraday levelsAXISBANK levels marked on chart with daily & H & 15 min chart.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
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AXIS BANK HIDDEN DIVERGENS IN DAILY TFDisclaimer- The risk of loss in trading stock, future,forex and option is substantial and losses may exceed initial investments. Past performance,wherther actual or simulated, is not indicative of future results. By viewing this video you agree that decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction, specifically you. and Wealth Depth or this Youtuber is not responsible for your decisions or their consequences. This Video is for educational purpose only.
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Axis Bank potential Market Fallout: A Break Below 828A downside breakout below the key level of 828 in the market could lead to further price decreases. If the price falls below 828 and remains there, it is likely that the market will experience more fallout. It is important to monitor the market closely and consider adjusting investment strategies accordingly. NSE:AXISBANK
axis bank is looking good with a great entry pointthere is a very good entry point in axis bank as it has completed it's wave cycle there is a very good chance that it can start a new wave cycle from here and if that is so then axis will not go below 846 on a closing basis so there is a very good risk reward trade here target will be around 910 ,915 not more at this point at time axis chart is similar to nifty but without any toxic waste to carry like nifty has to so I am buying axis with stops below 830 on closing basis
AXISBANK Potential for Bearish Drop | 6th February 2023Looking at the H4 chart, my overall bias for AXISBANK is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.
Looking for a pullback sell entry at 908.00, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 970.00, where the recent swing high is. Take profit will be at 702.30, where the overlap support is.
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