Check Axis Bank Full Analysis At Unicorn Signals

Axis Bank Weekly Outlook and Analysis:

For the Week: (July 24, 2023 – July 28, 2023)

AXIS Bank Outlook for the Week (July 24, 2023 – July 28, 2023)

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

AXIS Bank Share Price: 971.30 (NSE)

AXIS Bank closed the Weekly on Positive Note Gaining  1.49%            

Weekly High: 985

Weekly Low: 950.45

Weekly Range: 39 Points

Weekly Support & Resistance For Axis Bank:

RESISTANCE 2	1003
RESISTANCE 1	987
SUPPORT 1	953
SUPPORT 2	934

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 953 levels, Minor resistance on the upside is capped around 987 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 @ 934 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 @ 1003

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1003 on upside and 934 on downside.