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AXIS BANK

Axis Bank Outlook for the Week (26-JUN-2023 to 30-JUN-2023)

Check Axis Bank Full Analysis At Unicorn Signals

Axis Bank Weekly Outlook and Analysis:

For the Week: (June 26, 2023 – June 30, 2023)

Axis Bank Outlook for the Week  for the Week (June 26, 2023 – June 30, 2023)

BSE: 532215| NSE: AXISBANK| ISIN: INE238A01034| SECTOR: BANKS

AXISBank Share Price: 958.40 (NSE)

AXISBank closed the Weekly on Negative Note losing 2.36%

Weekly High: 986

Weekly Low: 954.55

Weekly Range: 31.45 Points

Weekly Support & Resistance For Nifty Media:

RESISTANCE 2998
RESISTANCE 1978
SUPPORT 1947
SUPPORT 2935

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 970 levels, Minor resistance on the upside is capped around 991 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 959 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1001

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1001 on upside and 959 on downside.

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