Axis Bank Limited Sponsored GDR RegS forum
Axis Looks Weak
Pullback Likely.
tradingview.com/x/rRV2Udod

Use strict stop loss in it to ride the trade.

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
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


Axis 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,

To 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!

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.
