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Check Axis Bank Full Analysis At Unicorn Signals
Axis Bank Weekly Outlook and Analysis:
For the Week: (July 10, 2023 – July 14, 2023)
Axis Bank Outlook for the Week for the Week (July 10, 2023 – July 14, 2023)
BSE: 532215| NSE: AXISBANK| ISIN: INE238A01034| SECTOR: BANKS
AXISBank Share Price: 976.70 (NSE)
AXISBank closed the Weekly on Negative Note losing 1.09%
Weekly High: 990
Weekly Low: 961
Weekly Range: 29 Points
Weekly Support & Resistance For Nifty Media:
| RESISTANCE 2 | 1005 |
| RESISTANCE 1 | 991 |
| SUPPORT 1 | 962 |
| SUPPORT 2 | 947 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 962 levels, Minor resistance on the upside is capped around 991 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 @ 947 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 @ 1005
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1005 on upside and 947 on downside.
