Axis Bank maybe still in corrective wave 2This Whole move is contained in one channel making me think
that it may be in correction of Wave 2 only and Flat formation fits well
Expecting it to reach around the middle correction channel line of
around 600-625 range for the buying zone
* will wait for the price action there for a perfect Buy
*Trade only when all odds are in favour.
AXISBANK
October, the lost month for Nifty (market analysis with levels)My analysis of Nifty, Banknifty and top stocks. Based on how the market has done EOD on October close, looks like October's gains (which was one of the top gainers so far) have been erased almost completely for Nifty, whereas Banknifty still stands relatively taller.
Axis Bank Buy Opportunity _H&S Pattern_Hourly CandleAfter Touching Low of 754 Axis Bank showed a very good recovery and Stock is trading at its resistance level.
H&S patten is formed on hourly chart closing above 821 will confirm brekout and one can expect a target of 880 in coming days.
Don't forget to like and share Idea.
Happy Trading
Axisbank - NEoWaveAxisbank is running for the half yearly corrective WAVE-(B), Inside WAVE-(B) it is forming a zigzag pattern, Wave-A and Wave-B of zigzag pattern is finished. Now it is ready for the Wave-C of zigzag. The minmum target of Wave-C of zigzag will be bear 980, Then it may go for 1150, 1500, 1930 and 2300 respectively in case of extended C Wave. Wave-C will be corrective itself and this all will take time because we are checking half yearly wave chart.
Technical analysis of #AXISBANK for long term investmentHere is my technical analysis of #AXISBANK
▶️long term investments (using monthly charts)
▶️short term investments (using weekly charts)
Indicators :
▶️200 DMA
▶️Bollinger Bands
▶️RSI
For educational purposes only.
#stockstowatch #NSE #investing
Technical analysis of #AXISBANK for short term investmentHere is my technical analysis of #AXISBANK
▶️long term investments (using monthly charts)
▶️short term investments (using weekly charts)
Indicators :
▶️200 DMA
▶️Bollinger Bands
▶️RSI
For educational purposes only.
#stockstowatch #NSE #investing