AXISCADES : Strong pull back creating a new support level AXISCADES : Strong pull back creating a new support level
It didn't hit the previous support level of 660 ish ,creating a new support level at 720 ish.
Still in a sell trajectory ,under a Supertrend.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
AXISCADES trade ideas
Axiscades: Unstoppable Axiscades Axiscades: Unstoppable Axiscades.
Buy triggered. Back to back Green candles day after day .
Shattered the previous resistance of 840 .
MACD super strong and a crossover happened above 0 line.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
AXISCADES TECH LTD๐ฅ AXISCADES TECH LTD (NSE) - VCP Breakout? ๐ฅ
๐ Volatility Contraction Pattern (VCP) forming with multiple tightening phases!
๐ฅ Breakout above resistance in progress! ๐
โ
RS Rating: 99.4 | Alpha Signal: BUY
๐ +84.08% move from the last breakout!
Is this the next explosive move? Drop your thoughts below! ๐๐ฌ
#VCP #Breakout #Trading #StockMarket #AXISCADES
Amazing breakout on WEEKLY Timeframe - AXISCADESCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Golden crossover of Axiscades TechnologiesWe can see clearly that the 50 DMA has crossed above the 200 DMA which indicates a strong bullish move (Golden crossover)
Fundamentally the company is doing very good and the recent restructuring of the co will be benifical in the coming years
There may be a retest in coming days but the overall trend will remain bullish
#DYOR
Axiscades : Shatters it's resistance of 670 ish As previously mentioned Axiscades continues it's brilliant momentum with 5% buyer circuit today .It shatters resistance of 670 ish . Flying high. Next important level to watch for is 800+
All indicators support it's upwards trend at this moment.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Axiscades : Extremely important day today .Very strong bullish momentum for Axiscades today . Surpassed all previous resistances . A decent green candle closed above 200 SMA .MACD looks very strong . Next level to check is 670 ish .
(Not a Buy / Sell Recommendation
Due your own diligence ,Market is subject to risk, This is my own view and for learning only .)