Overall Technical outlook

Price Summary

Axis Bank Limited had a lacklustre day at the stock market, and its shares tumbled -2.05%.
Axis Bank Limited's stock began trading at 1339.0 on 2026-02-02, soared to 1352.7, dipped to 1302.9, and finished the day -2.05% lower at 1311.5, with 8646524 shares exchanged.
Over the past year, the stock's highest price was 1370.4, and its lowest was 989.4.
AXISBANK's future price is expected to lie between 1265.0 and 1660.0, with an average expectation of 1489.575, as per the recommendations of 40 analysts.

Technicals

Support and Resistance: The price for AXISBANK at 1311.5 is supported by the 1307.5 level and faces resistance at 1307.5. This range indicates key levels where the price may find buyers near 1307.5 and sellers near 1307.5, defining a trading range.
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Support/Resistance for AXISBANK


Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Aroon chart for Axis Bank Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Axis Bank Limited


Parabolic SAR: The PSAR for AXISBANK maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Axis Bank Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Stochastic chart for Axis Bank Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move.
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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.