Check AXIS BANK Full Analysis At Unicorn Signals

AXISBANK Weekly Outlook and Analysis:

For the Week: (April 03, 2022 – April 08, 2022)

Check AXIS BANK Full Analysis At Unicorn Signals

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

AXISBank Share Price: 774.55 (NSE)

AXISBank closed the Weekly on Positive Note Gaining 7.39%

Weekly High: 775.75

Weekly Low: 715.05

Weekly Range: 60.70 Points

Weekly Support & Resistance For Axis Bank:

RESISTANCE 2	814
RESISTANCE 1	794
SUPPORT 1	734
SUPPORT 2	694

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 734 levels, Minor resistance on the upside is capped around 794 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 @ 694 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 @ 814

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 814 on upside and 694 on downside.

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the Weekly as 460 on upside and 407 on downside.