Axis Bank Limited Sponsored GDR RegSAxis Bank Limited Sponsored GDR RegSAxis Bank Limited Sponsored GDR RegS

Axis Bank Limited Sponsored GDR RegS

No trades

What traders are saying


Join the conversation. Discover trade ideas, share insights, and see how others read the market.

AXISBANK
* Axis Bank shares recently fell ~4–5% on weak trading and guidance concerns after Citi Research warned of a delayed net interest margin (NIM) recovery.

* The stock is underperforming peers on market sell-offs, increasing near-term pressure.

* Next support=

₹1,180–₹1,170 (psychological & 200-day support zones)

* Once weekly support break than Axis bank goes toward 1100/1050
Snapshot





AXISBANK has given falling resistance trendline breakout with volume, chances are high it should move towards 1200/1210+ till closing or till friday!
Use strict stop loss in it to ride the trade.
Snapshot

AXIS BANK LTD
AXIS BANK LTD-1W.NSE

Vol

Good chart structure
After a big breakout in previous week, stock has shown a profit booking from higher levels
If it closes above 1185-1200 levels, then more up move is possible

Entry Above 1200
Target 1270/1340
Stop loss 1120
Snapshot