DISCLAIMER : As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you. My own trend direction estimation, entry point, stop loss and take profit levels are on the chart. Good Lucks.
Axis Bank - Bullish Bias - Can buy at current levels.
Daily Chart of Axis Bank: On daily chart the stock is moving in tight range of 60-70 Rs. The stock is holding the support zone of 590-600 levels and facing stiff resistance around the zone of 660-670 levels since the month of November-2019. Break out on either side will decide the further trend in the stock.
Classical Chart Pattern: Rectangle Previous Trend: Bulish Above: 200 EMA Remark: Breakout above 760 Traget 820
Axis Bank results today if negative then can open up range of 680-670. if results are positive can open range of 735-755
Shark & Alt Shark is being formed in Axis bank. Chart is shared for educational purpose.
Axis bank Bullish view confluence with Trend line support and Harmonics.
Triangle in one hour, and also its in time wise correction or box correction in daily time frame
Axis Bank Probably Good Short Near Daily Resistance of 752
AXISBANK (Axis Bank Ltd) SELL BELOW 714
Rising Wedge Brokedown today... Target 645-660
AXIS BANK (Axis Bank Ltd) BUY ABOVE 757
After 38.2% retracement from recent swing low. Axis Bank is showing #RSI Divergence in Daily Charts . NSE:AXISBANK