BUY Axis Bank above 450, SL 444 Target 458,462+
Next banking stock to start its run . Watchout for the closing ....10-15% run possible Call OI in Axis Bank 1,329,600 420 1,388,400 440 1,558,800 450 1,813,200 460 Any closing above 460 today will trigger short covering.
Breakout done at 444 go long it is not breakout support
Axis Bank Ltd (Axisbank - NSE) is in corrective mode. It completed ABC sequence up as predicted in last updates. Now it starts correcting either ABC move, or C wave can extended as two options available in wave counts. As price is under-performer to Nifty, the first option is looks obvious on chart. It is going down in c wave in abc zigzag down of X wave, so can...
my first analysis, if some mistake in my analysis, please comment
Hi, Symmetrical triangle pattern is forming on D, 4H TF.. Thanks!
Axis bank seems to be on good strong trajectory after it has recently filled up the downfall in lesser than the duration of the fall. The recovery not only showed the strength but also builds confidence that the stocks fails to move down even the big red candle with high volume. Stock was able to lift the price beyond it and now is trading in range bound fashion...
Axis Bank Intraday view and levels for 5th of Jun 2020 #axisbank #axisbanklevels #intradayaxisbanklevels #intradaylivetrading
OBV or on balance volume indicator is used for technical analysis to measure buying and selling pressure. - Bullish OBV Divergence occurs when price declines but OBV advances. ..