AXISBANK NSE:AXISBANK
Support and Resistance Levels:
Support: The 928.60 level seems to be a strong support level as the price has bounced off it several times.
Resistance: The 1059.94 level could act as a resistance level in the near term.
Future Movement:
Based on the current trend and technical indicators, it is likely that AXIS BANK LTD will continue to move higher in the near term. However, it is important to keep an eye on the 1059.94 resistance level. If the price breaks above this level, it could signal further upside potential.
Disclaimer: This analysis is based on the provided chart and technical indicators. It is not financial advice and should not be used as the sole basis for investment decisions. Please consult with a financial advisor before making any investment decisions.