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Technicals for Axis Bank Limited
By MusingTheNews
2025-04-25 20:24
Overall Technical outlook
Price Summary
Axis Bank Limited's stock opened at 1177.0 on 2025-04-25, surged to 1179.9, hit a low of 1146.0, and closed up -0.91% at 1166.3, with 17242785 shares traded. The highest price the stock achieved in the past 52 weeks is 1317.3, while the lowest price it saw is 948.1. The price projection is between 1042.0 and 1630.0, with an average expected price around 1298.9025, according to 41 analysts.
Technicals
Support and Resistance: The current price for AXISBANK is 1166.3, supported at 1158.15 with resistance at 1184.55. This indicates a trading range where 1158.15 might prevent further declines, while 1184.55 could hinder additional gains. 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 in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Axis Bank Limited
Parabolic SAR: The PSAR for AXISBANK continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Axis Bank Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Axis Bank Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for AXISBANK. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Axis Bank Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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