Axis Bank Limited
Long

AXISBANK 1 Week View

63
📌 Key Levels & Data

Latest price roughly ₹1,250-₹1,260 per share.

52-week high ~ ₹1,276.10.

52-week low ~ ₹933.50.

Weekly (20-period) moving average ~ ₹1,143.27.

Weekly Bollinger Bands: Upper band ~ ₹1,285.22, Lower band ~ ₹1,001.32.

Weekly Pivot levels (Classic):
Pivot ~ ₹1,232.33
R1 ~ ₹1,255.27, R2 ~ ₹1,268.93, R3 ~ ₹1,291.87
Support S1 ~ ₹1,218.67, S2 ~ ₹1,195.73, S3 ~ ₹1,182.07

⚠️ Risks / Things to Watch

Macro or bank-specific news (credit risk, loan growth, defaults) can derail technical bias.

If weekly candle closes strongly below the 20-week SMA (or lower support), it could invalidate the bullish case.

Volume confirmation: For a strong breakout or pullback, check weekly volume — weak volume may lead to false moves.

Disclaimer

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