Axis Bank

104
📈 Trend
Primary Trend: Bullish on the higher timeframe.
Short-term Trend: Consolidation after a strong rally.
The stock remains constructive as long as it holds the major demand zone. Banking stocks continue to show relative strength compared with the broader market.
🎯 Key Support Levels
S1: ₹1,355
S2: ₹1,333
Major Support: ₹1,310–1,320
🚀 Key Resistance Levels
R1: ₹1,380
R2: ₹1,400
Major Breakout: ₹1,420–1,425
✅ Swing Trading Plan
Buy on Dip: ₹1,350–1,360 (if bullish reversal candles appear)
Breakout Buy: Above ₹1,400 on strong volume
Targets: ₹1,420 → ₹1,450 → ₹1,500
Stop Loss: Below ₹1,330 (or below the recent swing low)
⚠️ Bearish Scenario
A daily close below ₹1,330 may trigger further downside toward ₹1,300 and ₹1,280

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