Axis Bank Downward Trend is not overAxis Bank has formed a flat correction ABC, currently we are in the last leg of the correction, where wave C is a triangle. we still have wave Z of the triangle to be complete, which I believe will be around 1000 little less.
Once the triangle is over we will get a very sharp and big move in upward direction the reward which you will remember for the months to come.
PS: Someone please remind me around 4th or 5th of Feb about Axis Bank. Let us all benefit from the upcoming trend once the triangle is completed.
Disclaimer: This is for educational purpose only. I am not SEBI registered Member.
AXB trade ideas
Axis Bank Time to Buy at Demand Zone**Axis Bank** is one of the largest private sector banks in India, known for its wide range of financial services. Here’s a brief profile:
- **Founded**: 1993
- **Headquarters**: Mumbai, Maharashtra, India
- **CEO**: Amitabh Chaudhry (as of 2025)
- **Branches and ATMs**: Over 4,600 branches and 11,000+ ATMs across India
- **Services**: Retail banking, corporate banking, investment banking, asset management, insurance, loans, and credit cards
- **Key Subsidiaries**:
- Axis Mutual Fund
- Axis Capital Ltd.
- Axis Securities Ltd.
- Axis Finance Ltd.
- **Market Position**: Among the top private sector banks in India with a strong customer base and a significant presence in both urban and rural areas.
Axis Bank is recognized for its innovative banking solutions, digital services, and customer-centric approach. It has consistently been involved in various community and social responsibility initiatives.
This Is the Right to Invest In Axis Bank Axis Bank, established in 1993 and commencing operations in 1994, is India's third-largest private sector bank. It offers a comprehensive range of financial services to diverse customer segments, including large and mid-size corporates, MSMEs, agriculture, and retail businesses.
**Key Services:**
- **Retail Banking:** Provides lending services to individuals and small businesses, along with liability products, card services, internet banking, ATMs, depository services, financial advisory, and NRI services.
- **Corporate Banking:** Offers products and services related to transaction banking, including current accounts, cash management, capital market services, trade, foreign exchange, derivatives, cross-border trade, and correspondent banking services.
- **International Banking:** Focuses on corporate lending, trade finance, syndication, investment banking, and liability businesses through its international branches and representative offices.
**Branch Network:**
As of 31st March 2024, Axis Bank's extensive distribution network includes:
- 5,377 domestic branches and extension counters across 2,963 centers.
- 16,026 ATMs and cash recyclers nationwide.
- Six Axis Virtual Centres with over 1,590 Virtual Relationship Managers.
- International presence with branches in Singapore, Dubai (DIFC), and Gift City-IBU; representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah; and an overseas subsidiary in London, UK.
**Financial Highlights:**
As of 31st March 2024, the bank's balance sheet size stood at ₹14,77,209 crores, reflecting consistent growth with a 5-year compound annual growth rate (CAGR) of 13% in total assets and 15% each in advances and deposits.
**Leadership:**
- **Managing Director & CEO:** Amitabh Chaudhry
- **Deputy Managing Director:** Rajiv Anand
- **Executive Directors:** Subrat Mohanty and Munish Sharda
- **Chief Financial Officer:** Puneet Sharma
**Innovations and Achievements:**
Axis Bank has pioneered several technological advancements, including:
- Introducing 'open by Axis Bank,' a digital banking proposition offering approximately 250 features through a user-friendly interface.
- Launching the 'One-View' feature on its mobile app, enabling customers to manage finances across various banks seamlessly.
- Being the first bank to implement UPI interoperability on its CBDC App.
- Introducing digital US dollar fixed deposits for NRI customers at the IFSC Banking Unit in GIFT City, Gujarat.
- Launching "NEO for Business," a comprehensive digital proposition catering to the new-age banking needs of MSMEs.
- Adopting Generative AI by rolling out Microsoft Copilot across select user bases and a GenAI-based chatbot for approximately 60,000 users across branches, enhancing customer service efficiency and personalized banking experiences.
**Awards and Recognition:**
Axis Bank has received numerous accolades, including:
- Best Bank in India Award at the FT Bank of the Year 2024 Awards.
- IBSi Global Fintech Innovation Awards 2024 for Most Innovative use of AI/ML, Best Digital Channel/Platform Implementation, and Most Innovative Digital Onboarding rollout.
- FE India's Best Bank Awards 2024 for Best Digital Bank category.
- IDC India Future Enterprise Awards for Best in Future of Trust.
- Derivatives House of the Year (India) at the Asia Risk Awards 2024.
- ICC Emerging Asia Banking Awards 2024 for Best Bank in India (Private Sector - Large) and Best Private Bank (Large) in various performance categories.
- The Asset Triple A Sustainable Infrastructure Awards 2024 for Renewable Energy Deal of the Year (Wind).
- CNBC-TV18 India Risk Management Awards (Season 10).
- Recognition as the Best Firm for Data Scientists to Work For in 2024.
- Best Wholesale/Transaction Bank at Digital CX Awards for its Neo API suite.
- Greenwich Share Leaders for Indian Large Corporate Banking and Middle Market Banking (Local Banks) & Greenwich Excellence Award in Indian Middle Market Banking.
- Infosys Finacle Innovation Award in multiple categories.
- India's Best for Next-Gen in the Euromoney Global Private Banking Awards.
- Recognition as the Best BFSI Brands at ET Now Best BFSI Brands Conclave 2024.
- The Asset Triple A Sustainable Finance Awards 2024 in multiple categories.
- Asia Pacific Loan Market Association (APLMA) Award for Syndicated Loan House of the Year (India).
- Recognition in the highest leadership category of the Indian Corporate Governance Scorecard of the Institutional Investor Advisory Services (IiAS).
- ETCIO Award for Enterprise IT Excellence for Business Resilience Impact of Technology category (Customer Risk Categorization).
- PFRDA recognition for being a Star Performer (Category 1) for achieving 110% targets under the NPS Game Changers Campaign.
- Global Private Banker WealthTech Awards 2024 in multiple categories.
- BW
Axis Bank Is That Right Time to Buy or Avoid Axis Bank, established in 1993 and commencing operations in 1994, is India's third-largest private sector bank. It offers a comprehensive range of financial services to diverse customer segments, including large and mid-size corporates, MSMEs, agriculture, and retail businesses.
**Key Services:**
- **Retail Banking:** Provides lending services to individuals and small businesses, along with liability products, card services, internet banking, ATMs, depository services, financial advisory, and NRI services.
- **Corporate Banking:** Offers products and services related to transaction banking, including current accounts, cash management, capital market services, trade, foreign exchange, derivatives, cross-border trade, and correspondent banking services.
- **International Banking:** Focuses on corporate lending, trade finance, syndication, investment banking, and liability businesses through its international branches and representative offices.
**Branch Network:**
As of 31st March 2024, Axis Bank's extensive distribution network includes:
- 5,377 domestic branches and extension counters across 2,963 centers.
- 16,026 ATMs and cash recyclers nationwide.
- Six Axis Virtual Centres with over 1,590 Virtual Relationship Managers.
- International presence with branches in Singapore, Dubai (DIFC), and Gift City-IBU; representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah; and an overseas subsidiary in London, UK.
**Financial Highlights:**
As of 31st March 2024, the bank's balance sheet size stood at ₹14,77,209 crores, reflecting consistent growth with a 5-year compound annual growth rate (CAGR) of 13% in total assets and 15% each in advances and deposits.
**Leadership:**
- **Managing Director & CEO:** Amitabh Chaudhry
- **Deputy Managing Director:** Rajiv Anand
- **Executive Directors:** Subrat Mohanty and Munish Sharda
- **Chief Financial Officer:** Puneet Sharma
**Innovations and Achievements:**
Axis Bank has pioneered several technological advancements, including:
- Introducing 'open by Axis Bank,' a digital banking proposition offering approximately 250 features through a user-friendly interface.
- Launching the 'One-View' feature on its mobile app, enabling customers to manage finances across various banks seamlessly.
- Being the first bank to implement UPI interoperability on its CBDC App.
- Introducing digital US dollar fixed deposits for NRI customers at the IFSC Banking Unit in GIFT City, Gujarat.
- Launching "NEO for Business," a comprehensive digital proposition catering to the new-age banking needs of MSMEs.
- Adopting Generative AI by rolling out Microsoft Copilot across select user bases and a GenAI-based chatbot for approximately 60,000 users across branches, enhancing customer service efficiency and personalized banking experiences.
**Awards and Recognition:**
Axis Bank has received numerous accolades, including:
- Best Bank in India Award at the FT Bank of the Year 2024 Awards.
- IBSi Global Fintech Innovation Awards 2024 for Most Innovative use of AI/ML, Best Digital Channel/Platform Implementation, and Most Innovative Digital Onboarding rollout.
- FE India's Best Bank Awards 2024 for Best Digital Bank category.
- IDC India Future Enterprise Awards for Best in Future of Trust.
- Derivatives House of the Year (India) at the Asia Risk Awards 2024.
- ICC Emerging Asia Banking Awards 2024 for Best Bank in India (Private Sector - Large) and Best Private Bank (Large) in various performance categories.
- The Asset Triple A Sustainable Infrastructure Awards 2024 for Renewable Energy Deal of the Year (Wind).
- CNBC-TV18 India Risk Management Awards (Season 10).
- Recognition as the Best Firm for Data Scientists to Work For in 2024.
- Best Wholesale/Transaction Bank at Digital CX Awards for its Neo API suite.
- Greenwich Share Leaders for Indian Large Corporate Banking and Middle Market Banking (Local Banks) & Greenwich Excellence Award in Indian Middle Market Banking.
- Infosys Finacle Innovation Award in multiple categories.
- India's Best for Next-Gen in the Euromoney Global Private Banking Awards.
- Recognition as the Best BFSI Brands at ET Now Best BFSI Brands Conclave 2024.
- The Asset Triple A Sustainable Finance Awards 2024 in multiple categories.
- Asia Pacific Loan Market Association (APLMA) Award for Syndicated Loan House of the Year (India).
- Recognition in the highest leadership category of the Indian Corporate Governance Scorecard of the Institutional Investor Advisory Services (IiAS).
- ETCIO Award for Enterprise IT Excellence for Business Resilience Impact of Technology category (Customer Risk Categorization).
- PFRDA recognition for being a Star Performer (Category 1) for achieving 110% targets under the NPS Game Changers Campaign.
- Global Private Banker WealthTech Awards 2024 in multiple categories.
- BW
Axis Bank Charts For Long Term Investment Buy At Low Volume Area
According to Volume Profile Strategy
**Axis Bank** is one of the largest private sector banks in India, known for its wide range of financial services. Here’s a brief profile:
- **Founded**: 1993
- **Headquarters**: Mumbai, Maharashtra, India
- **CEO**: Amitabh Chaudhry (as of 2025)
- **Branches and ATMs**: Over 4,600 branches and 11,000+ ATMs across India
- **Services**: Retail banking, corporate banking, investment banking, asset management, insurance, loans, and credit cards
- **Key Subsidiaries**:
- Axis Mutual Fund
- Axis Capital Ltd.
- Axis Securities Ltd.
- Axis Finance Ltd.
- **Market Position**: Among the top private sector banks in India with a strong customer base and a significant presence in both urban and rural areas.
Axis Bank is recognized for its innovative banking solutions, digital services, and customer-centric approach. It has consistently been involved in various community and social responsibility initiatives.
Buying Opportunity in Axis Bank??Quartey Result Outlook
In Q3FY25, Axis bank reported a year-on-year increase of 8.6% in Net Interest Income (NII), reaching INR 136,059 million.
The Bank reported a Pre-Provisioning Operating Profit of INR 105,339 Mn for the quarter, reflecting a year-over-year growth of 15.2%, although there was a slight decline of 1.7% quarter-over-quarter, primarily driven by improvements in operating efficiencies.
In Q3FY25, net profit experienced a year-over-year increase of 3.8%, reaching INR 63,038 million. The slight increase can be attributed mainly to elevated provisions amounting to INR 21,556 Mn for the quarter.
The operating performance aligned with our expectations; however, increased provisions led to an earnings shortfall relative to our estimates.
The increase in slippages for Q3FY25 can be attributed mainly to the retail segment, where there is noticeable stress in unsecured loans, particularly personal loans and credit cards.
Axis bank is systematically addressing slippage risk by implementing improved portfolio monitoring, establishing early warning triggers, and adjusting risk policies accordingly.
The estimates for book value in FY26E and FY27E have been reduced by 2.3% and 4.0%, respectively, due to the potential for increased provisions and limited business growth.
Source: Moneycontrol
Technicals
The price of Axis bank has fallen sharply in the recent weeks.
The stock price has fallen below all the key EMA levels (20, 50, 100, 200).
It has strong support around 986 levels
Resistance levels: 1093, 1186, 1273, 1339
Verdict: Most of the analysts have given positive rating with at least 20% upside in the stock price.
Axis Bank Share AnalysisAxis Bank is one of the largest private sector banks in India, providing a wide range of financial products and services to individuals, businesses, and corporations. Here's a brief overview:
### 1. **Foundation and History**
- **Founded:** December 1993 as UTI Bank
- **Rebranded:** In 2007, it was renamed Axis Bank
- **Headquarters:** Mumbai, Maharashtra, India
- **Ownership:** Axis Bank is publicly traded on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
### 2. **Products and Services**
- **Retail Banking:** Personal loans, savings accounts, fixed deposits, debit & credit cards, home loans, insurance, etc.
- **Corporate Banking:** Business loans, trade finance, cash management, and more.
- **Treasury and Investment Banking:** Services related to managing foreign exchange, securities trading, and more.
- **Digital Banking:** Axis Bank offers robust online and mobile banking services, including mobile wallets, fund transfers, and bill payments.
### 3. **Key Features**
- **Network:** Axis Bank has a significant presence across India with over 4,000 branches and more than 12,000 ATMs.
- **International Presence:** The bank operates in several countries, including the UK, the US, Singapore, Hong Kong, and more.
- **Technology:** The bank focuses on enhancing its digital services and offers a wide range of online banking tools for both personal and business customers.
### 4. **Financial Performance**
Axis Bank is considered one of the leading banks in India, with consistent growth in revenue and assets. It has a strong market capitalization and is part of the Nifty 50 index.
### 5. **Key Achievements**
- Axis Bank is known for its robust retail banking services and has earned recognition for its customer service and innovative digital solutions.
- The bank has also been involved in various sustainability and CSR initiatives.
Let me know if you'd like more specific details about any aspect of Axis Bank!
CRAB pattern-Axis Bank nearing Bottom, buy will start soonThe price is nearing the reversal point of the Fib 1.618 level. This D point will act as a strong support region. The institutional buyers are waiting for this point. If this level fails, the next support region will be at the 2.618 level. This is for educational purposes only.
Axis Bank's performance in the third quarter of FY25 was below expectations, leading to a significant drop in investor confidence. The bank reported its slowest growth in advances and deposits in nearly four years, with a 3.6% slippage ratio indicating increased loan defaults, particularly in agricultural and unsecured lending sectors.
Analyst Ratings and Target Prices
several brokerages revised their target prices for Axis Bank:
MOFSL lowered its target to ₹1,175, citing limited downside risk despite near-term challenges.
Nuvama adjusted its target from ₹1,335 to ₹1,220, noting a below-consensus EPS outlook.
Arihant Capital Markets remains optimistic with a target price of ₹1,383, highlighting Axis Bank's long-term potential despite current headwinds.
Axis Bank projection For Next 30 DaysAxis Bank is one of the leading private sector banks in India. Here are the key details and a brief history of Axis Bank:
### Details:
- **Full Name**: Axis Bank Limited
- **Founded**: 1993
- **Headquarters**: Mumbai, Maharashtra, India
- **CEO**:
- **Industry**: Banking, Financial Services
- **Products**: Retail banking, corporate banking, wealth management, investment banking, and treasury operations
- **Stock Listing**: Axis Bank is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India.
### History:
1. **1993**: Axis Bank was founded as UTI Bank, jointly promoted by the Unit Trust of India (UTI), Life Insurance Corporation of India (LIC), General Insurance Corporation (GIC), and its four subsidiaries.
2. **1994**: The bank started its operations and opened its first registered office in Ahmedabad, Gujarat.
3. **1998**: UTI Bank went public with an initial public offering (IPO).
4. **2007**: The bank was renamed Axis Bank to reflect its universal banking capabilities.
5. **Expansion**: Over the years, Axis Bank has expanded its network across India and overseas, offering a comprehensive range of financial services.
Axis Bank has established itself as a significant player in the Indian banking sector, known for its wide array of services catering to retail, SME, and corporate customers. It has also been recognized for its digital innovations and customer service.
Axis Bank Ltd view for Intraday #AXISBANKAxis Bank Ltd view for Intraday #AXISBANK
Buying may witness above 1282
Support area 1260. Below ignoring buying momentum for intraday
Selling may witness below 1260
Resistance area 1280
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
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AXISBANK Support & ResistanceTo determine the support and resistance levels for Axis Bank (AXISBANK), we analyze recent price action, key technical indicators, and historical price levels. Here’s an assessment based on the data:
Support Levels
₹1,058-₹1,060: This range represents the recent intraday low and a critical level where buyers have previously shown interest.
₹1,040-₹1,045: A strong support level observed from prior consolidation zones.
₹995-₹1,000: The 52-week low, acting as a major support zone.
Resistance Levels
₹1,070-₹1,075: A near-term resistance where selling pressure has been observed during intraday trades.
₹1,100-₹1,105: A psychological barrier and previous short-term peak.
₹1,125-₹1,130: A critical resistance level seen in past price movements.
₹1,339-₹1,340: The 52-week high and a long-term resistance point.
These levels are dynamic and may shift with new market data or significant trading volumes. If you'd like detailed technical charts or indicators for a precise breakdown, let me know!
Axis Bank Increased Volume and Strong support Axis Bank Seems to stay Strong at the Current level of 1070 for the past 5 Sessions , which seems to be intercepting point for Pivot, Fibonocchi and Trendline Support , Short term move upto 1150 can be expected on Stable market Condition . Repositioning Pivot around 1120 for upcoming Week may make it possible .
Setup : NSE:AXISBANK
Buy Near 1070
Book Near 1150
SL below 1030
AXISBANK Support resistance As of December 30, 2024, Axis Bank Limited (AXISBANK) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,071.60
Short-Term Support: ₹1,076.81
Medium-Term Support: ₹1,063.00
Long-Term Support: ₹1,070.00
Resistance Levels:
Immediate Resistance: ₹1,081.85
Short-Term Resistance: ₹1,084.00
Medium-Term Resistance: ₹1,090.00
Long-Term Resistance: ₹1,094.00
These levels are derived from recent market data and technical analysis.
Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change rapidly, so it's advisable to conduct further analysis or consult with a financial advisor before making investment decisions.
AXISBANK Support and ResistanceAs of December 29, 2024, Axis Bank Limited's stock (AXISBANK) closed at ₹1,077.50 on the National Stock Exchange (NSE), marking a slight increase of 0.06% from the previous close.
MARKETWATCH
The stock remains below its 52-week high of ₹1,339.55, reached on July 12, 2024.
MARKETWATCH
For the upcoming trading sessions, key support and resistance levels have been identified based on recent price movements:
Support Levels:
S1: ₹1,071.60
S2: ₹1,070.00
S3: ₹1,063.00
Resistance Levels:
R1: ₹1,084.65
R2: ₹1,090.00
R3: ₹1,094.00
These levels are derived from pivot point calculations, which are widely used to determine potential turning points in the market.
TOP STOCK RESEARCH
Additionally, technical indicators provide further insights:
Relative Strength Index (RSI): 48.517 (Neutral)
Moving Average Convergence Divergence (MACD): -43.34 (Sell)
Average Directional Index (ADX): 21.376 (Buy)
These indicators suggest a mixed outlook, with the RSI indicating neutrality, MACD signaling a potential bearish trend, and ADX pointing towards a developing trend.
MONEYCONTROL
Please note that market conditions can change rapidly, and it's essential to consider multiple factors when making trading decisions.
Disclaimer: The information provided is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.
AXISBANK Support & Resistance As of December 28, 2024, Axis Bank Limited (AXISBANK) closed at ₹1,077.85, reflecting a slight increase of 0.09% from the previous close. Here are the identified support and resistance levels:
Daily Support and Resistance Levels
Support Levels:
S1: ₹1,071.60
S2: ₹1,068.73
S3: ₹1,060.83
Resistance Levels:
R1: ₹1,081.85
R2: ₹1,084.65
R3: ₹1,100.53
Weekly Support and Resistance Levels
Support Levels:
S1: ₹1,069.00
S2: ₹1,061.00
S3: ₹1,049.00
Resistance Levels:
R1: ₹1,089.00
R2: ₹1,101.00
R3: ₹1,108.00
Technical Indicators
Relative Strength Index (RSI): 27 (indicating potential oversold conditions)
Moving Averages:
5-Day Average: Not available
20-Day Average: Not available
50-Day Average: Not available
These support and resistance levels, along with technical indicators, provide a framework for assessing potential price movements. Use these insights in conjunction with broader market analysis and risk management strategies.
AXISBANK Support & ResistanceAs of December 26, 2024, Axis Bank Limited (AXISBANK) is trading at ₹1,078.90. For intraday trading, the following support and resistance levels have been identified:
Daily Pivot Levels:
Support Levels:
S1: ₹1,075.02
S2: ₹1,071.13
S3: ₹1,066.27
Resistance Levels:
R1: ₹1,083.77
R2: ₹1,088.63
R3: ₹1,092.52
TOP STOCK RESEARCH
These levels are calculated based on recent price movements and can assist traders in making informed decisions. It's important to note that technical analysis is inherently uncertain, and actual market movements may differ. Therefore, it's advisable to use these levels in conjunction with other analyses and risk management strategies.
AXISBANK Support & ResistanceAs of December 24, 2024, Axis Bank Limited (AXISBANK) closed at ₹1,078.90, reflecting a slight decrease of 0.02% from the previous close.
The following support and resistance levels have been identified for AXISBANK:
Support Levels:
S1: ₹1,075
S2: ₹1,071
S3: ₹1,066
Resistance Levels:
R1: ₹1,084
R2: ₹1,089
R3: ₹1,093
These levels are derived from technical analyses, including pivot point calculations and moving averages.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
AXIS BANK LEVELSSupport Level of AXIS BANK
Buy axis bank on these levels 987 when in hourly oversold region on intraday basis
823 is for positional buyers.
Don't short Axis bank on positional basis as it has not given enough return on 5 yearly basis
Fresh long trades now are not avaialble as market is weak
Consult your financial advisor before trading