UZC trade ideas
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.
Banknifty Major Components ReviewHDFC Bank
-From last two trading session volume is good
-Made bullish pin candle at bottom
-Respecting old swing low
ICICI Bank
-From last two trading session volume is good
-Outperformed and closed at 3.95% gain
-Made bullish candle on daily chart
Kotak Bank
-Among all the components this bank is very strong
-After results most of the day made green candle on daily chart
-1840 is breakout level and closed near the same level
-Potential target 1970
Axis Bank
-After mutual fund scam still managed to hold previous swing low
-Last session volume is good
-Swig low support maintained
SBI Bank
-Holding previous swing low
-Volume is good
-Potential target is 500
-Multiple times bounce from same support area
#banknifty #hdfcbank #icicibank #kotakbank #axisbank #sbibank
AXISBANK sell for intraday tradingAXISBANK sell for intraday trading if stock break the previous days law with big Red candle........
Axis Bank ShortI am expecting Target in axis Bank 488 to 480.
I may be wrong, Just sharing my view.
#DoubleTop#patterns
AXISBANK 4HRDaily & 4HR Alt Bat & 4HR Crab zone Strong POTENTIAL REVERSAL ZONE
Earlier Pattern given good reaction on Type1 entry & hit Both Targets
now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
AXISBANK buy for intraday tradingAXISBANK buy for intraday trading if stock and BANKNIFTY also strong then we will enter in trade........
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
Sell Axis Bank Till 578You can look for selling opportunities after 650 till 580
SL: 690
TP1:645
TP2:580
After the TP1 trail stop loss to entry for No loss Trade.
Good Luck
Axis bankIt's going to dip for 640 if it goes back again upward it reaches 800 wait for the movement
AXISBANK sell for intraday tradingAXISBANK sell for intraday trading if stock and BANKNIFTY also weak then we will enter in stock..........
Swing & positional trading opportunities for next week (9th May)Our watchlist for the week ahead, compiled with @AVENUESOFINVESTMENT
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
AXISBANK ANALYSISCMP:780.60
Head and Shoulders Pattern
Below CMP, Downside Targets: 769, 757.20, 748.80
Above 795, I will not trade
Axis bank showing a double top pattern and its breakdownAxis bank showing a double top pattern and its breakdown may get a support on 748 Fibonacci level and a long term support at 724 .
AXISBANKHi, Axis bank long term Target 2300
Monthly wave 1 or A leading diagonal completed and
correction wave 2 or B completed.
now going on wave 3 or C.
my point of view axis bank long term investment good.
Axis BankBuy above 814 for Target of 900+
Time is 3 month
There is a breakout level on 814(closing basis)
