AXISBANK 1D Time frame

📊 Current Snapshot

Current Price: ₹1,073.50

Day’s Range: ₹1,069.00 – ₹1,073.20

52-Week Range: ₹934.00 – ₹1,281.75

Previous Close: ₹1,070.10

Opening Price: ₹1,069.00

Market Cap: Approx. ₹3.32 lakh crore

Volume: ~1.65 lakh shares

📈 Trend & Indicators

Trend: Neutral to mildly bullish; trading near 50-day and 200-day moving averages.

RSI (14): 60 – Neutral; no immediate overbought or oversold conditions.

MACD: Positive → indicates bullish momentum.

Moving Averages: Short-term moving averages suggest neutral to slightly bullish outlook.

🔮 Outlook

Bullish Scenario: Break above ₹1,075 with strong volume could target ₹1,090.

Bearish Scenario: Drop below ₹1,065 may lead to further decline toward ₹1,050.

Neutral Scenario: Consolidation between ₹1,065 – ₹1,075; breakout needed for directional move.

📌 Key Factors to Watch

Market Sentiment: Overall market trend and investor behavior.

Economic Indicators: Interest rates, inflation, and RBI policy updates.

Global Cues: Global market trends, US indices, crude oil, and currency movements.