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AXISBANKMARKET OUTLOOKSTOCK OUTLOOK

Axis Bank Outlook for the Week (August 07, 2023 – August 11, 2023)

Axis Bank closed the previous week on a negative note losing 3.82%.

Technically, Axis Bank share price will see immediate support at 931.60 and immediate resistance would be seen at 968.45.

If Axis Bank share price closes below immediate support of 931.60, then sharp breakdown can be seen. Axis Bank share price will see major support at 910.95 for the week.

On the positive side, immediate resistance will be seen at 968.45. Closing above 968.45, Axis Bank share price will see a sharp breakout. Major resistance for Axis Bank share price will be seen at 984.65 for the week.

Trading range for Axis Bank share price for this week should be between 894.75 on down side and 1,005.30 on up side.

Axis Bank Previous Week High: 964

Axis Bank Previous Week Low: 927.15

Axis Bank Previous Week Range: 36.85 Points

Axis Bank share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 1,005.30
Resistance 2 984.65
Resistance 1 968.45
Support 1 931.60
Support 2 910.95
Support 3 894.75

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