Check Axis Bank Full Analysis At Unicorn Signals

Axis Bank Weekly Outlook and Analysis:

For the Week: (July 17, 2023 – July 21, 2023)

AXIS Bank Outlook for the Week (July 17, 2023 – July 21, 2023)

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

AXISBank Share Price: 957.05 (NSE)

AXISBank closed the Weekly on Negative Note losing  2.01%           

Weekly High: 986

Weekly Low: 947

Weekly Range: 39 Points

Weekly Support & Resistance For Axis Bank:

RESISTANCE 2	1002
RESISTANCE 1	980
SUPPORT 1	941
SUPPORT 2	924

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 941 levels, Minor resistance on the upside is capped around 980 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 @ 924 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 @ 1002

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1002 on upside and 924 on downside.