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 1184.4, but if it comes above 1184.4, then a intra day buy could be more profitable.
If you take a sell trade below 1184.4, then use 1184.4 as stoploss and 1143 as target. However if you take a buy trade in Axis Bank, then use 1184.4 as stoploss and 1218.91 as target.

AXISBANK Axis Bank is falling or rising NEWS fundamental reasons

Company Announcement Axis Bank Limited has informed the Exchange about Options to purchase securities - NEWS as on 2024-10-03

Company Announcement - NEWS as on 2024-10-03

Axis Bank to roll out AT-1 bond sale for a Rs 3,000-cr fundraise The private sector lender had raised the funds at a coupon rate of 7.45%, debt capital market executives had said. The bond issuance had a base size of Rs 2,000 crore and a greenshoe option of Rs 2,000 crore. - NEWS as on 2024-10-02 indiatimes.com

Company Announcement Axis Bank Limited has informed the Exchange about Credit Rating - NEWS as on 2024-09-30

Axis Bank extends Rs 1 billion loan to Muthoot Capital to accelerate e-mobility in India Axis Bank has extended a Rs 1 billion loan guarantee to Muthoot Capital, in partnership with GuarantCo, to promote electric vehicle adoption in rural and non-metro regions of India. This initiative aims to reduce emissions, enhance air quality, and provide - NEWS as on 2024-09-30 indiatimes.com

Axis Bank's new economy group launches Corporate Credit Card Suite for startups Axis Bank has launched a Corporate Credit Card Suite for startups under its New Economy Group. The cards aim to streamline travel, official expenses, and vendor payments. The suite includes an executive corporate credit card for founders and a purchase rew - NEWS as on 2024-09-27 indiatimes.com

Company Announcement Axis Bank Limited has informed the Exchange regarding 'Intimation / clarification in relation to Interim Order dated September 19, 2024, issued to Axis Capital Limited, a subsidiary of Axis Bank Limited'. - NEWS as on 2024-09-20

Company Announcement Axis Bank Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-09-17

Company Announcement Axis Bank Limited has informed the Exchange about Presentation and Details of Analysts/Institutional Investors Meet - NEWS as on 2024-09-16

More announcements and NEWS

AXISBANK Axis Bank Limited current price & indicator signals

Moving Averages for Axis Bank Limited

  • 5Day Average: 1217.22
  • 12Day Average: 1237.15
  • 20Day Average: 1221.63
  • 50Day Average: 1187.83
  • 100Day Average: 1207
  • 150Day Average: 1167.31
  • 200Day Average: 1147.41

AXISBANK Indicators & signals

Indicator MACD (12,26,9)

1221.74, 1215.49, 14.04
Indicator MACD is in positive zone

Indicator ADX (14)

21.39, 18.82, 29.06
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 39
Indicator RSI is indicating selling pressure and stock might fall.

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

Date Close Range Change % Volume
04 Fri Oct 2024 1178.40 1174.00 to 1202.80 0.23% 1.27 times
03 Thu Oct 2024 1175.70 1173.10 to 1219.15 -4.15% 1.69 times
01 Tue Oct 2024 1226.65 1224.65 to 1242.95 -0.45% 1.09 times
30 Mon Sep 2024 1232.20 1229.35 to 1275.00 -3.22% 0.83 times
27 Fri Sep 2024 1273.15 1257.25 to 1281.55 -0.31% 1.3 times
26 Thu Sep 2024 1277.10 1262.25 to 1281.65 0.71% 0.71 times
25 Wed Sep 2024 1268.10 1231.10 to 1271.00 2.3% 0.67 times
24 Tue Sep 2024 1239.55 1235.35 to 1247.10 -0.58% 0.9 times
23 Mon Sep 2024 1246.80 1240.55 to 1252.45 0.14% 0.53 times
20 Fri Sep 2024 1245.00 1229.90 to 1250.00 0.19% 1.46 times
19 Thu Sep 2024 1242.70 1239.00 to 1261.70 0.18% 0.82 times
18 Wed Sep 2024 1240.45 1225.00 to 1250.40 0.68% 0.8 times

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