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Technicals for Axis Bank Limited
By MusingTheNews
2025-07-16 20:24
Overall Technical outlook
Price Summary
Axis Bank Limited's stock started the year at 1174.0, climbed to a high of 1179.0, fell to 1162.3, and closed -0.69% down at 1165.9, with 4775698 shares traded on 2025-07-15. The stock reached its highest price of 1309.4 and lowest price of 948.1 over the last 52 weeks. According to 43 analysts, the price of AXISBANK in the future is projected to be between 1159.0 and 1691.0, with an average expected price of 1381.9302.
Technicals
Support and Resistance: The price is currently at 1165.9, supported by 1118.55 and resisted by 1188.5. This indicates a range where 1118.55 may provide a base for the price, while 1188.5 serves as a cap on further upward movement for AXISBANK. Support/Resistance for AXISBANK
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Axis Bank Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for AXISBANK, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Axis Bank Limited
Parabolic SAR: The PSAR remains bearish for Axis Bank Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Axis Bank Limited
Stochastic: The stochastic indicator for AXISBANK shows the K-line crossing over the D-line while remaining below 20, which is generally seen as the start of a bullish move. This setup indicates that the market may be emerging from a lower level, potentially signaling the beginning of an uptrend. Traders could view this as an early buying signal. Stochastic chart for Axis Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Axis Bank Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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