Bullish in Axis bank I am bullish in Axis bank with present levels mentioned in charts , with target of 666.70 .
Note- Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.
AXISBANK
AXIS BANK buy tgt 700 and aboveaxis bank structure is strong, since all the major indices are bouncing back nifty bank is one of the index showing a move ahead above 35000 mark.
axis bank will be one of the participant in this rally of bank nifty.
price setup:
axis bank is trading above its short term ema and above 50sma range. and can achieve the target above 700 to 720 near the 2hours 200ema.
indicators:
RSI - is strong and rising,
ADX- is greater the 20 and +DI is also confirming the trend and can conclude the momentum exists in the favour of bull,
williams %r: it is indicating that the trend can sustain above the range and can stay in the position.
to do:
buy near 670 to 675
stop loss 659.5
target - 694 / 700 / 720
Axis Bank 1hr time frameBullish pattern
Axis Bank take support and move up constantly and also formed bullish pattern
( INTRADAY stocks )
Not for holding
Buy KotakBankBuy Kotak Bank at 1824 Stoploss 1814 Target 1842
Banks seem to be turning up but don't hold overnight positions
Nifty, Banknifty and top stocks analysis for tomorrow + levelsReliance and HDFC twins did quite well today, helping Nifty end the day +450 points. Banks were strong too. IT continues to be sluggish, but let's see what's in store. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsIT stocks sold off and dragged Nifty below 16k yet again. In fact, all sectors were very negative except FMCG which was saved by ITC. What's your view?
Strong Support near 624, It can give a trend reversal from there, now its good time to invest in this stock in staggered manner, but if it breaks the support then stoploss will be 580.
Axis Bank BreakdownNSE:AXISBANK2!
The stock has broken down and retested, therefore may undergo a correction in the short term. Trade is supported by Resistances Nearby.
Risk Reward Ratio - 2:1
SL is placed above the resistance zone & the lower trendline.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsReliance and Infy put some bearish pressure on the indices in the second half. 16,400 has been rejected, SGX is trading negative and futures are in backwardation, too. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets are still in limbo, repeating March's price action. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsMetals dragged, but private banks helped Nifty stay afloat. Do you feel 16,200 will hold?
NIFTY ( OM )Market take Resistance..OI support nifty and banknifty both ..this time to Sell ..this is my opinion..and yours comment below
thank you
Axis Bank small term SwingAxis Bank is falling, due to BANKNIFTY is falling, so trade small term short Swing, Do not go long under 718 because market is crucially negative.
If 648 is crossed then harmonic prz 2.1 will activate.it will go for 623
Nifty, Banknifty and top stocks analysis for tomorrow + levelsIt was Reliance vs Infosys for yet another day today. The bears seem to have a good grip on the market, but the intraday price action did seem to favour the bulls. What's your view?
Swing & positional trading opportunities for next week (9th May)Our watchlist for the week ahead, compiled with @AVENUESOFINVESTMENT
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe market fell quite sharply, forming a spinning top on EOD basis. Where do you think it could be headed from here? Will NSE:RELIANCE results and US markets impact Monday's price action?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets fell, partially thanks to the unexpected rate hike announcement by the RBI governor. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets concluded the week on an indecisive note this time around as well. Axis Bank results, while not disappointing, still disappointed the markets. Kotak Bank was an unexpected performer.
Axis Bank ToppingAxis Banks seems to have topped out. The selling volumes seem to be picking up again similar to it's previous fall.
The support levels are likely to be broken on another retest and the stock may be headed for 450 levels over the coming year.
View stands invalidated on break of highs of 867
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty retested 17k yet again, and with VIX back above 20, the volatility continues. Bajaj Finance (BAJFINANCE) fell after its results, meaning now the focus is on BAJAJFINSV on how it may move during its earnings. Axis Bank, too, has its results tomorrow. What's your view?
