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AXISBANKMARKET OUTLOOKSTOCK OUTLOOK

Axis Bank Outlook for the Week (August 21, 2023 – August 25, 2023)

Axis Bank
Axis Bank
Axis Bank closed the previous week on a negative note losing 1.80%.

Technically, Axis Bank share price will see immediate support at 932.65 and immediate resistance would be seen at 949.70.

If Axis Bank share price closes below immediate support of 932.65, then sharp breakdown can be seen. Axis Bank share price will see major support at 922.25 for the week.

On the positive side, immediate resistance will be seen at 949.70. Closing above 949.70, Axis Bank share price will see a sharp breakout. Major resistance for Axis Bank share price will be seen at 956.35 for the week.

Trading range for Axis Bank share price for this week should be between 915.60 on down side and 966.75 on up side.

Axis Bank Previous Week High: 945.95

Axis Bank Previous Week Low: 928.9

Axis Bank Previous Week Range: 17.05 Points

Axis Bank share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 966.75
Resistance 2 956.35
Resistance 1 949.70
Support 1 932.65
Support 2 922.25
Support 3 915.60

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