axis bank is at a good breakout it has given a retest after the previous breakout and now it's set for new highs The shortest target would be 1116 with the top loss of 987 looking good right now and the banking sector is at a great index price
AXIS BANK Chart Analysis
last week given a breakout .. Upside targets given.
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
Axis Bank is trading at its 52-week high and all-time high. There is no resistance on the upper side. Volume is increasing.
The relative strength index is above 60 daily, weekly and monthly.
The cup and handle pattern is visible.
If the prices retest the neck level, 987 - 985, it would be a good entry-level with a target level 1045. We can achieve a 4...
The Axis Bank looks perfect break out & retest and sustain at current market price.
It's Technical Analysis show's Cup & handle break out retest & sustain at the support 💪.
Stock ready for Breakout with good volume.Price above the DEMA,
20DEMA is major support & S.L zone.Setup is ready for long.
Rsi Bullish
MACD Bullish
Disclaimer:- This is my personal view for education purpose only.
No Buy sell recommendations give by me.
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
I am not SEBI Register
*Axis Bank*
C&H Formation on Yearly Basis.
C&H Price Trendline BreakOut Done/Sustained.
RSI: 1H>D=W>M
Strong Vol Consolidation. Continued BuiltUp.
Strong Resistance @989
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
AXIS BANK is looking good for a swing. Risk: Reward - 1:5
Wait for a pullback and go with it. Entry-980 to 978 / SL-990 / Target- 960 to 955
Wizard Levels/Zones
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the market so, kindly do your analysis to get more clarity on the...
It is expected to come out from big consolidation in ratio chart. But it is not sure when it will come out. So stay positive on this stock and find some good entry point. It may give good investment returns as well. Breakout from the upper channel is must.
NSE:AXISBANK NSE:AXISBANK1! NSE:BANKNIFTY STOCK
DISCLAIMER: DO NOT CONSIDER THIS ANALYSIS AS AN INVESTMENT OR FINANCIAL ADVICE.THIS ANALYSIS IS MADE FOR EDUCATIONAL PURPOSE ONLY.
The Current pattern of Axis Bank is looking slightly bearish for few session as it is making a Descending Triangle pattern, If it breakdown this pattern then it might give some...
it is showing a good volume accumulation near the ATH levels. Above 990 levels I am seeing a axis bank with a strong move till the level of at least 150-170 points from current levels.
Ready for breakout above Rs 970.
But this type for breakout are risky due to quick movement towards the Resistance.
It will Sustains above the 970 for few days then it will rock.
If fails then take a Stop loss of 970 and sell future or buy put.
Axis Bank is near top-end of rising channel both on Weekly and Monthly Charts. Be cautious on Up-Side!! Profit Booking Coming In Most likely!!
Levels Self-Explanatory
