AXIS BANK

Axis Bank Outlook for the Week (May 02, 2022 – May 06, 2022)

Check AXIS BANK Full Analysis At Unicorn Signals

AXISBANK Weekly Outlook and Analysis:

For the Week: (May 02, 2022 – May 06, 2022)

Axis Bank Outlook for the Week (May 02, 2022 – May 06, 2022)

Check AXIS BANK Full Analysis At Unicorn Signals

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

AXISBank Share Price: 728.60 (NSE)

AXISBank closed the Weekly on Negative Note Losing  6.66%

Weekly High: 796.60

Weekly Low: 725

Weekly Range: 71.60 Points

Weekly Support & Resistance For Axis Bank:

RESISTANCE 2822
RESISTANCE 1775
SUPPORT 1703
SUPPORT 2678
Axis Bank Outlook for the Week (May 02, 2022 – May 06, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 703 levels, Minor resistance on the upside is capped around 775 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 @ 678 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 @ 822

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the Weekly as 822 on upside and 678 on downside.

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