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AXIS BANK

Axis Bank Outlook for the Week (Apr 24, 2023 – Apr 28, 2023)                      

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AXISBANK Weekly Outlook and Analysis:

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

Axis Bank Outlook for the Week (Apr 24, 2023 – Apr 28, 2023)                      

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

AXISBank Share Price: 864.20 (NSE)

AXISBank closed the Weekly on Negative Note Losing 0.02%                 

Weekly High: 882

Weekly Low: 857.10

Weekly Range: 24.90 Points

Weekly Support & Resistance For Axis Bank:

RESISTANCE 2893
RESISTANCE 1878
SUPPORT 1854
SUPPORT 2843
Axis Bank Outlook for the Week (Apr 24, 2023 – Apr 28, 2023)                      

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 854 levels, Minor resistance on the upside is capped around 878 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 @ 843 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 @ 893

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 893 on upside and 843 on downside.

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