This stock trades with steady volumes on the bourses in all time frames.
Similarly, it is in the oversold zones of oscillators in average time frames.
The 52W H/L being INR 1,151.85 / 814.25
It is consistently making Higher Highs and Higher Lows.
It is standing around its support level in a rising channel.
LTP on NSE on 06/Feb/2024 was INR 1,053/- (with a high of...
9/11 - Jefferies next 5 year companies
Jefferies target by March 2029 - 2,810
Axis bank assumed legacy UTI business and has been running strong since long. Although the chart looks weak on daily timeframe, it is still trading around support levels, marked on the chart itself.
Wait for a better opportunity to buy.
this stock is trading in a channel
price is still unable to break the supply zone @1100.
if it tries again then definately sellers again push the price downwards,will observe a fallback below the support levels.
wait for the price to breaks the keylevel, to go for shortside continuation.
keyresistance level and support levels are marked.
trendline is...
If next closing goes above 1089
Could be a strong buying momentum
And TARGET- 1132
Stoploss - 1070
Be carefull {closing should not be below 1072}
Stay tuned for more analysis
THANK YOU
Ask for more stock you need
Trade carefully because saved money is also a profit.
And always do your own analysis.
Looking very good as it is almost near to the Gann breakout levels at 1123
Daily 50 SMA also retested successfully and more volumes coming in
Safe entry above 1123 on day closing basis
Axis Bank can give a good swing or positional trade with a small STOPLOSS.
ENTRY - 1065.5- 1066
STOPLOSS - 1060 or 1058 (for extra cautious traders )
TARGETS - 1080, 1100, 1120++
NOTE- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Axisbank may go down based on the negative news.
Levels mentioned are valid only for 16th Feb.
Disclaimer: Not SEBI Registered. Only for educational purposes. Not a recommendation to buy or sell.
Axis Bank consolidation and w BREAKOUT
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Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
Keep in long side until price breaks the trendline...
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I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points...
Axis bank has shown break of structure previously and took strong support 1027 and after that it’s showing zig zag pattern with higher high and lower lows.
Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
