Should I buy Axis Bank in FNO for positional trade?It is said that RSI has the power to fool you... There is a bearish divergence in the daily chart of Axis Bank Fut but if you notice, RSI has gone up tin the overbought zone multiple times but hasn't broken the 30 mark on the downside.
RSI basically indicates strength and it not breaking the overso
AXIS BANK Short Opportunity 30MTF based on 3 simple indicatorsIndicators: Bollinger bands, 200EMA and RSI
Trade Conviction:
RSI strength is decreasing
IF price breaks down 5 days average price then only we can see good down move
Dear traders, I have identified chart levels based on my analysis,
major support & resistance levels. Please note that I am not a
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for AXIS BANK FUTURES is Apr 24, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell AXIS BANK FUTURES before Apr 24, 2025.