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AXISBANK NEWS why is Axis Bank Limited price falling or rising

AXISBANK NEWS reasons for why stock price of Axis Bank Limited is falling or rising

AXISBANK Axis Bank is falling or rising technical reasons

Technical analysis forecast for Axis Bank Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Axis Bank AXISBANK at this time. Stock is falling and might fall more.

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

Stock of Axis Bank (AXISBANK) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Axis Bank is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Axis Bank stays below 832.8, but if it comes above 832.8, then a intra day buy could be more profitable.
If you take a sell trade below 832.8, then use 832.8 as stoploss and 818.1 as target. However if you take a buy trade in Axis Bank, then use 832.8 as stoploss and 845.16 as target.

AXISBANK Axis Bank is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2023-03-28

Company Announcement Axis Bank Limited has informed the Exchange regarding 'WITHDRAWAL OF NOMINATION OF NOMINEE DIRECTOR, SURRENDER OF ITS NOMINATION - NEWS as on 2023-03-28

Company Announcement Axis Bank Limited has informed the Exchange about Credit Rating - NEWS as on 2023-03-27

Company Announcement Axis Bank Limited has informed the Exchange regarding 'Grant of stock options / units.'. - NEWS as on 2023-03-27

Company Announcement Axis Bank Limited has informed the Exchange about Schedule of meet and Presentation - NEWS as on 2023-03-22

Company Announcement Axis Bank Limited has informed the Exchange about Schedule of meet - NEWS as on 2023-03-20

Company Announcement Axis Bank Limited has informed the Exchange regarding Allotment of 129877 Shares. - NEWS as on 2023-03-15

Company Announcement Axis Bank Limited has informed the Exchange regarding Allotment of 133297 Shares. - NEWS as on 2023-03-09

More announcements and NEWS

AXISBANK Axis Bank Limited current price & indicator signals

Moving Averages for Axis Bank Limited

  • 5Day Average: 840.83
  • 12Day Average: 837.88
  • 20Day Average: 845.1
  • 50Day Average: 864.75
  • 100Day Average: 887.84
  • 150Day Average: 856.37
  • 200Day Average: 814.56

AXISBANK Indicators & signals

Indicator MACD (12,26,9)

841.24, 848.73, -8.27
Indicator MACD is in negative zone

Indicator ADX (14)

24.04, 14.94, 24.4
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
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
28 Tue Mar 2023 832.45 826.05 to 837.40 -0.11% 1.16 times
27 Mon Mar 2023 833.35 829.20 to 842.20 -0.78% 1.12 times
24 Fri Mar 2023 839.90 837.25 to 852.50 -1.05% 0.85 times
23 Thu Mar 2023 848.80 845.10 to 861.15 -0.1% 1.04 times
22 Wed Mar 2023 849.65 847.05 to 859.80 -0.7% 0.85 times
21 Tue Mar 2023 855.60 838.75 to 857.35 2.16% 1.21 times
20 Mon Mar 2023 837.55 825.55 to 841.00 0.02% 1.14 times
17 Fri Mar 2023 837.40 823.00 to 841.50 0.82% 0.82 times
16 Thu Mar 2023 830.55 814.30 to 837.90 0.79% 0.93 times
15 Wed Mar 2023 824.05 819.35 to 843.50 -1.06% 0.7 times
14 Tue Mar 2023 832.85 817.40 to 835.70 0.06% 1.33 times
13 Mon Mar 2023 832.35 828.45 to 857.00 -2.29% 0.88 times

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