EquityPandits Outlook for Axis Bank for the week (June 29, 2020– July 03, 2020):.
Week Range: 38.15 Points.
Week Low: 410.35.
Week High: 448.50.
Stock closed the week on positve note acquiring 1.87%.
AXIS Bank Ltd
WEEKLY PIVOT LEVELS:.
If stock breaches small support on the disadvantage and closes listed below it we may see fresh break down and stock can drag towards Major Support on lower side @ 384 and If stock breaches small resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 467.
Stock is trading below 200 days rapid moving average, recommends long term pattern is bearish. EquityPandits Predicts Range for the week as 467 on benefit and 384 on downside
. Technically on the everyday charts EquityPandits Analyst see: Minor assistance on the disadvantage lies at405.50 levels, Minor resistance on the upside is capped around 448 levels.
Axis BankAxis Bank OutlookAxis Bank Stock Movement.