As of December 28, 2024, Axis Bank Limited (AXISBANK) closed at ₹1,077.85, reflecting a slight increase of 0.09% from the previous close. Here are the identified support and resistance levels:
Daily Support and Resistance Levels Support Levels: S1: ₹1,071.60 S2: ₹1,068.73 S3: ₹1,060.83 Resistance Levels: R1: ₹1,081.85 R2: ₹1,084.65 R3: ₹1,100.53 Weekly Support and Resistance Levels Support Levels: S1: ₹1,069.00 S2: ₹1,061.00 S3: ₹1,049.00 Resistance Levels: R1: ₹1,089.00 R2: ₹1,101.00 R3: ₹1,108.00 Technical Indicators Relative Strength Index (RSI): 27 (indicating potential oversold conditions) Moving Averages: 5-Day Average: Not available 20-Day Average: Not available 50-Day Average: Not available These support and resistance levels, along with technical indicators, provide a framework for assessing potential price movements. Use these insights in conjunction with broader market analysis and risk management strategies.
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