Intraday Trading Idea for Axis Bank for 28th April 2021Intraday Trading Idea for Axis Bank for 28th April 2021
AXISBANK trade ideas
Axis Bank hourly Tred line breakout | Go longHourly chart Tred line breakout on Axis Bank chart
Buy above - 676
SL - 650
Target 1-695
Target 2 - 710
Target 3- 730
Consult your financial advisor before taking any action.
educational purpose only
Thank you,Happy trading
Axis bank - Break the down trend and 700 is nextDowntrend line has been tested multiple times... Its a good idea to go long with a stop of recent lows.
Targets are 690 and 710
AXISBANK - Price ActionSimple Channeling and Trendlines can offer great Risk-Rewards. Always wait for confirmation.
Let's see how it goes.
AXISBANK 4HRCONFLUENCE OF DAILY & 4HR BULLISH BAT
Vertical dotted line is ULTRA HIGH VOLUME down bars - trap of Smart Money , Higher volume-Professionals are buying into the public selling
RSI must be over 30 & Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
Potential Buy
Axis bank (Make or break levels)As we know rising of Coronavirus cases in India is affecting banking stocks the most.
has a very strong support around 628 to 630 and it just showed sign of reversal. Although with increasing cases of Corona virus can bring to stock down again to 628 levels and provide a shorting opportunity as well.
AXISBANK 4HR
BULLISH BAT
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
AXIS BANK DAILY
BULLISH BAT
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
axis bank (sensex) hi there i see this are price react a weakness from this level. so my obserbesion says market go down lower from this level. till 654 stay tune with me for next update
AXIS BANK (INDIAN STOCK) DEMAND LOWERStrong weekly demand imbalance lower, it now appears as though we are beginning to pullback to that area.
Either wait for confirmation (New demand zones on lower timeframe) or take as a set and forget type of trade.
Long bias! :)
Channel SupportStock Analysis: Axis bank at channel bottom of the support as long as it is not breaking demand zone (marked green) expecting to reach the target given on the chart. Let's see.
Happy Trading!
AXISBANK is it ready for up move !!?AXISBANK formed bullish Gartley pattern. Watchout price at 668 to 659 . If price not stabilized at this level, it can droop to 635. Watchout and go long!
AXISBANK looking for short opportunity if it's closed below 706Price Reversal zone 632 if price closed below 50% retracement.
