Hi Traders, We have spotted a divergence in Axis bank daily chart. Price broke the inner trendline yesterday and price is retesting the trendline. If price close below its confirmed breakout and we can sell till price reach TP 1 or can hold till TP 2, its likely to test the outer trendline. Happy Trading.....
We can expect a calm expiry however any possibility cannot be ruled out. But probabilistically we expect a range bound expiry for tomorrow .
keep you SL below the resistance trail after that
axis bank near at sup. level if close or sustain below 630 mention level come
On My View, AXISBANK Should be Bullish, Because BANKNIFTY is Super Bullish. AXISBANK Should be LONG Above 641 Level on Closing Basis. OR AXISBANK Should be SHORT Below 594 Level on Closing Basis.
Intraday analysis of Axis Bank for intraday #Banknifty 28/12/20
Banknifty is looking similar to Nifty . A double top and RSI diversion too.
Hi TV people, Nice buying setup is in formation in axis bank, corrective pattern seems like a expanding flat. in my previous idea i had posted about short opportunity, i hope someone who found that useful made some profit in it. this long setup is very major in terms of r:r. so look for long setups in lower time frame for entries. Thanks!
Target 1 is the first green line the second target is even higher The range between the black line is no trade zone the red line indicates resistance if at all it's broken the trend is broken too.
Pls refer the chart. Script is trading in a pennant pattern range ,& you can zoom out the chart to understand it better that pole is also plotted there and now it is available at resistance encircled so if you want to trade this on upcoming session then you can trade according to your risk reward ratio. if it give breakout in up side then 628 is the tgt and if it...
AXIS BANK CHART Daily Chart till to- 04/12/2020 What You See In This Chart? How to take Trade? Which Type Take Entry (Long / Short)? Which Price For StopLoss? Which Price For Target? Please Comment What You Think About Axis Bank Trade!!!!! Disclaimer :- This Chart For Only Educational Purpose, We Can't Give Any Buy Sell Tips or Call, Learn...
This 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...
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...