Homepage Active Options Active Stocks

Stock analysis Axis Bank Limited AXISBANK

More indepth analysis on MunafaSutra.com

Moving Averages for Axis Bank Limited

  • 5Day Average: 1146.46
  • 12Day Average: 1089.02
  • 20Day Average: 1080.9
  • 50Day Average: 1077.41
  • 100Day Average: 1086.56
  • 150Day Average: 1062.62
  • 200Day Average: 1039.7

AXISBANK Indicators & signals

Indicator MACD (12,26,9)

1108.3, 1087.83, 7.8
Indicator MACD is in positive zone

Indicator ADX (14)

33.91, 38.66, 19.08
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of AXISBANK Axis Bank Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Thu May 2024 1149.85 1148.00 to 1174.00 -1.38% 0.77 times
30 Tue Apr 2024 1165.90 1155.15 to 1182.90 0.57% 1.18 times
29 Mon Apr 2024 1159.25 1125.30 to 1164.00 2.56% 0.95 times
26 Fri Apr 2024 1130.30 1123.00 to 1141.35 0.29% 0.63 times
25 Thu Apr 2024 1127.00 1086.10 to 1133.95 6% 2.88 times
24 Wed Apr 2024 1063.25 1056.00 to 1068.95 0.71% 0.35 times
23 Tue Apr 2024 1055.75 1048.75 to 1060.25 0.17% 0.52 times
22 Mon Apr 2024 1053.95 1032.00 to 1058.50 2.41% 0.59 times
19 Fri Apr 2024 1029.10 995.70 to 1036.95 0.5% 1.35 times
18 Thu Apr 2024 1024.00 1013.85 to 1051.40 -2.65% 1.11 times
16 Tue Apr 2024 1051.90 1044.35 to 1057.85 -0.57% 0.44 times
15 Mon Apr 2024 1057.95 1055.25 to 1071.00 -1.44% 0.55 times

Technical analysis forecast of Axis Bank Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Axis Bank Limited AXISBANK at this time. Stock is rising and might rise more.

It appears as if Axis Bank Limited AXISBANK gave a large move recently.

Stock of Axis Bank Limited (AXISBANK) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Axis Bank Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Axis Bank Limited stays above 1134.5, but if it comes below 1134.5, then a intra day sell could be more profitable.
If you take a sell trade below 1134.5, then use 1134.5 as stoploss and 1093.3 as target. However if you take a buy trade in Axis Bank Limited, then use 1134.5 as stoploss and 1184 as target.

More indepth analysis on MunafaSutra.com