AXISBANK Outlook for the Week (December 16, 2024 – December 20, 2024)
Axis Bank closed the previous week on a negative note losing -3.05%.
Technically, Axis Bank share price will see immediate support at 1,112.53 and immediate resistance would be seen at 1,184.88.
If Axis Bank share price closes below immediate support of 1,112.53, then sharp breakdown can be seen. Axis Bank share price will see major support at 1,076.92 for the week.
On the positive side, immediate resistance will be seen at 1,184.88. Closing above 1,184.88, Axis Bank share price will see a sharp breakout. Major resistance for Axis Bank share price will be seen at 1,221.62 for the week.
Trading range for Axis Bank share price for this week should be between 1,040.18 on down side and 1,257.23 on up side.
Axis Bank Previous Week Open: 1184.25
Axis Bank Previous Week High: 1186
Axis Bank Previous Week Low: 1113.65
Axis Bank Previous Week Close: 1148.15
Axis Bank Previous Week Range: 72.35 Points
Axis Bank share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,257.23 |
| Resistance 2 | 1,221.62 |
| Resistance 1 | 1,184.88 |
| Support 1 | 1,112.53 |
| Support 2 | 1,076.92 |
| Support 3 | 1,040.18 |
