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Check Axis Bank Full Analysis At Unicorn Signals
Axis Bank Weekly Outlook and Analysis:
For the Week: (June 19, 2023 – June 23, 2023)
Axis Bank Outlook for the Week for the Week (June 19, 2023 – June 23, 2023)
BSE: 532215| NSE: AXISBANK| ISIN: INE238A01034| SECTOR: BANKS
AXISBank Share Price: 981.55 (NSE)
AXISBank closed the Weekly on Positive Note Gaining 0.70%
Weekly High: 989.70
Weekly Low: 968.60
Weekly Range: 21.10 Points
Weekly Support & Resistance For Nifty Media:
| RESISTANCE 2 | 1001 |
| RESISTANCE 1 | 991 |
| SUPPORT 1 | 970 |
| SUPPORT 2 | 959 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 970 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 @ 959 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 @ 1001
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1001 on upside and 959 on downside.
