AXISBANK Sell on riseAxisbank running on a range of 830 906 - As last time we saw Break down support 908 and fall was till 830...
now fresh normal support 854. hold than bounce else again we will see towards 830.
Major demand Zone 824CB Break than Ready for journey towards 780 724+++
View will be invalid above 906 916 !!!!
AXISBANK trade ideas
AXISBANK : Intraday levelsAXISBANK levels marked on chart with daily & H & 15 min chart.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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Axis Bank potential Market Fallout: A Break Below 828A downside breakout below the key level of 828 in the market could lead to further price decreases. If the price falls below 828 and remains there, it is likely that the market will experience more fallout. It is important to monitor the market closely and consider adjusting investment strategies accordingly. NSE:AXISBANK
axis bank is looking good with a great entry pointthere is a very good entry point in axis bank as it has completed it's wave cycle there is a very good chance that it can start a new wave cycle from here and if that is so then axis will not go below 846 on a closing basis so there is a very good risk reward trade here target will be around 910 ,915 not more at this point at time axis chart is similar to nifty but without any toxic waste to carry like nifty has to so I am buying axis with stops below 830 on closing basis
AXISBANK Potential for Bearish Drop | 6th February 2023Looking at the H4 chart, my overall bias for AXISBANK is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.
Looking for a pullback sell entry at 908.00, where the overlap resistance and 50% Fibonacci line is. Stop loss will be at 970.00, where the recent swing high is. Take profit will be at 702.30, where the overlap support is.
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AXISBANK retracement over ??$AXISBANK 's retracement (daily TF) might be over as it is showing signs of strength on it's rising window. We can look for an intraday entry if the price spends some time at the swing high and then breaks out or we can also enter as a swing trade for a target till the recent swing high on daily TF.