Although 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.
Short Axisbank for gain in 10 days
AXIS Bank Outlook:: Strong Supply zone is observed @950 zone and Strong demand zone is observed @830 zone, keep on sell side from 950 and Buy side from 830-840 zone. Price is going to enter in consolidation zone...between these 2 levels. Short Term Bearish view:: 950-830 levels.. 1st phase Bearish:: from 950-900 is possible.. 1st Phase:: Bullish view from...
Observations:: After a strong fall price is not able to break the previous high, if price breaks low, price fall is observed up to 900 and 895 levels. previous resistance may again trying to push the price up, if it fails, it falls more. keep track axis bank for short side.
Observations:: In my last view about AXISBANK, broken the trendline and continue fall or rise happens. Now clearly the rise happens from these levels 870. Resistance @ 935-940 range. now The stock price is at Supply zone, price is in range from last 1 week, it will not test the supply zone. consolidation to fake breakout may happens at this level, keep watch...
Currently holding above the 200 and 100 dma and looking to break the resistance line from next week. With the upcoming result session and budget in near sight, good momentum can be expected in the short term with above mentioned entry and exit
AXISBANK-Observations: ------>Stock trending upwards -------> Broken Trendline retest is needed. -------->If this is a false breakdown the trend will continue moving upwards again. --------->we have a great supports build at 830-850 levels. ---------> Previous strong demand Zone may act as Resistance and pushes the price towards downside, careful at 905-910...
AXISBANK has recently experienced a major resistance and range breakout, with a support level at 877. The stock is currently at a retest level of 895-905, with possible targets at 940 and 965. This stock is definitely one to keep on your radar as there is potential for further upward movement.
NSE:AXISBANK AXIS Bank is at a good level to buy. You can start with small quantity and further increase quantity after a bullish confirmation. The only downside is the volumes, they are indicating a short position, please trade with proper risk management This is not a buy/sell advice, do your own analysis and consult your financial advisor before investing in...
Axis Bank Making possible IHS if this pattern holds true.. we can see some nice rally in coming days Just a view
According to wave analysis, financial markets move in a pattern of five waves in the direction of the larger trend, followed by three waves in a correction of the trend. The five-wave movement is called an impulse wave, while the three-wave movement is called a corrective wave. In the case of Axis Bank, the completion of five waves of (A) and three waves of (B)...
Axis bank starts its downward move. It should stars down or sideways for around 15 days from here.
We may see Axis Bank move up just a little. Around 5 - 10 points. Should try and reach 877. But will reach 872 or thereabouts. Imp levels mentioned on the chart.
Price has closed above all EMA making way for an upward movement. The views presented are of the author and do not represent a trade. Kindly consult your financial advisor before investing.
Hello ladies and gentleman,according my analysis to AXIS BANK LTD STOCK.there is agreat probability long to970INR.
keep this scrip in radar, There is a up move possible in this scrip
Market is making correction and wait for week at least for now after that you can take your position.
AXISBANK 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. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or...