Axis Bank Long As you can see the daily chart of Axis Bank you can see the bullish flag pattern and it's breakout level above 620.
One can buy Axis Bank above 620 with SL at 590 and Target should be 675-700.
SL on closing basis.
AXISBANK trade ideas
AXISBANK - Bull Flag - Breakout awaited - SwingThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target
Stock is at good consolidation phase and it can be accumulated with small SL below 590.
Stock is fundamentally strong.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Do check similar pattern in LT. Link is shared below
Go long on AXIS BANKIf Axis Bank gives a positive breakout, take a long position. Unless it reaches the Yellow Zone, Do not sell the stock. If the stock tends to consolidate there, go ahead and sell the stock.
HAPPY TRADING.
Axisbank - EW analysis - triangle breakout Axisbank is in 4th wave triangle similar like Nifty and banknifty. Go long with stop loss below 595.50 after breakout above 613 for target above 650 or higher level. After breakout the price movement should be fast, if not then it may fail the triangle.
Axis BankTHIS STOCK IS FOR TOMMORROW(03-12-2020) FORMING NARROW CPR ,MAY GIVE 1% FOR INTRADAY.
Note:
• Avoid the stock if a big gap down is seen
• Enter after breakout happens and not before it
• Do not chase the market, i.e. do not get involved late entries
• Only enter with stritct stop-loss and target
• This is not a recommendation and is for education purpose only
• Always follow risk-reward and quantity management for the 100% of the times
• The above mentioned idea may not work so beware of the risk you are taking
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Happy Trading!
AXISBANKI'm not an expert I'm just sharing my views on AXIS BANK for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
AXISBANK - Bearish H&S Pattern - Intraday/Very short term This analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
Axis Bank - BearishAxis Bank CMP - 599.70
Looking bearish in higher time frame. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Sell at or Below ONLY 594 / Stop Loss 601
Target 1 - 590
Target 2 - 585
Target 3 – 580 / 575
Disclaimer: This is my view and for educational purpose only.
AXISBANK - Elliott wave analysis - 5th wave upAXISBANK - it is in 5th internal wave of C up. stop loss is 584.40 target will be above 612 or higher.
Axis Bankdue to continuous rise in bank nifty, there is a need of correction due to profit booking. also considering Nov 25 loan moratorium case which is pending in supreme court.
