An in-depth analysis of the current exchange rate dynamics of the Indian...
Technicals for Axis Bank Limited
By MusingTheNews
2025-09-04 20:22
Overall Technical outlook
Price Summary
On 2025-09-03, Axis Bank Limited's stock began at 1056.2, peaked at 1064.9, declined to 1045.0, and ended the day -0.14% lower at 1054.7, with 8302963 shares traded. Throughout the 52-week period, the stock hit a high of 1277.1 and a low of 948.1. 43 analysts predict that the future price of AXISBANK will be in the range of 1180.0 to 1691.0, with a mean expected price of about 1339.093.
Technicals
Support and Resistance: The current price sits at 1054.7, supported at 1035.85 and capped by resistance at 1068.95. These levels define a range for AXISBANK where the price might stabilize, with 1035.85 as a floor and 1068.95 as a ceiling. Support/Resistance for AXISBANK
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Axis Bank Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Axis Bank Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for AXISBANK. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Axis Bank Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Axis Bank Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for AXISBANK, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam. Tripple SMA chart for Axis Bank Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses the implications of the Eurozone CPI at 2.1% regarding...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.