This stock trades with steady volumes on the bourses in all time frames. Similarly, it is in the oversold zones of oscillators in average time frames. The 52W H/L being INR 1,151.85 / 814.25 It is consistently making Higher Highs and Higher Lows. It is standing around its support level in a rising channel. LTP on NSE on 06/Feb/2024 was INR 1,053/- (with a high of...
this stock is trading in a channel price is still unable to break the supply zone @1100. if it tries again then definately sellers again push the price downwards,will observe a fallback below the support levels. wait for the price to breaks the keylevel, to go for shortside continuation. keyresistance level and support levels are marked. trendline is...
This stock has reached a resistance zone, which had previously witnessed a significant decline in value. There was a prior breakout from a bearish channel, followed by a retracement to channel and another upward move into the resistance zone. If consolidation happens at this zone, there is a possibility of a liquidity grab on the upside, indicating potential...
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...
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...
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.
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...
Refer the chart for detailed analysis.........................
Axis bank is one fo the weeker banks today in the BankNifty pack. It is in the support area but the buy orders at support area were not sufficient to push the price higher. We can go long after the first 5 minute candle close above 730. We can go short after the first 5 minute candle close below 721
Long Above - 710.15, T1 - 735, T2 - 763.75, T3 - 783.85, T4 - 804.45, T5 - 836.40, T6 - 871.15, T7 - 891........ SL - 685 Short Below - 684.80, T1 - 671.30, T2 - 658.65, T3 - 631.85, T4 - 623.15, T5 - 590.55, T6 - 570.45, T7 - 550.10..... SL - 705
Falling wedge pattern has been broken by a strong bullish candle in Axis bank in 30 mins TF. Wait for Re-test and buy between 720 - 722 and Target price is as mentioned on the chart. This is my view and for educational purpose only.
Dear Friends, I will not explain much here as everything has been explained in the chart, so read the chart well and wait for the resistance area to be taken out before initiating fresh long entry. All the best !!! Your feedback is most appreciated.
Axisbank is running for the half yearly corrective WAVE-(B), Inside WAVE-(B) it is forming a zigzag pattern, Wave-A and Wave-B of zigzag pattern is finished. Now it is ready for the Wave-C of zigzag. The minmum target of Wave-C of zigzag will be bear 980, Then it may go for 1150, 1500, 1930 and 2300 respectively in case of extended C Wave. Wave-C will be...
Buy Axis Bank Target 🎯 880 because it's recently given breakout .