Axis bank elliot wave analysis one hour chart
price down side complete Wave A or Wave B complete upside internal wave a,b,c or Wave C downside move 1,2,3,4,5
NSE:AXISBANK BSE:AXIS1! NSE:AXISBANK1!
All the Marked levels are valid for the month of October 2023.
Levels marked in green and yellow colour represent the area in which bullish movement is expected.
Levels marked in red colour represent the area where all the bearish movement is expected.
I am expecting bullish / Upside movement from the lower levels...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
AXIS BANK LTD
Key highlights: 💡⚡
📈 On 1week Time Frame Stock Showing Reversal of Rising Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Below 958-.
📈 There have chances of breakdown of Resistance level too.
📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 680-.
📈 Can Go short in this stock by...
Axis Bank has breakout on Daily and Weekly Time Frame. My target 1160 but taking conservatively 1120 by Oct 2023.
Note: This is for educational Purpose, i have Axis Bank in my portfolio and there is a high chance my analysis is biased.
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...
