Stocks Analysis Intraday Bytes: AXISBANK Analysis

AXISBANK Technical and Fundamental Analysis

Date Open High Low LTP Close Volume Delivery Vol
2017-07-20 520.80 544.20 520.70 539.15 540.00 16,391,849 44%
2017-07-19 518.00 521.95 516.05 520.55 520.20 8,119,092 74%
2017-07-18 509.00 522.70 508.35 516.30 516.55 7,864,083 56%
2017-07-17 513.10 514.00 508.50 510.05 510.50 3,169,635 62%
2017-07-14 514.00 514.50 507.70 512.50 512.95 3,160,157 48%

*Markets are currently closed.

AXISBANK Trend Analysis:

AXISBANK seems to be in uptrend. Bullish

AXISBANK is trading above short term and medium term Moving Averages. Bullish

In the medium term the prices have been comparatively more volatile..

Above average volume about 2.4 times daily average volume of past 1 month

AXISBANK Japanese Candlestick Analysis:

AXISBANK is trading near the Top of the day's range.

Higher High and Higher Low compared to previous day. Bullish

Day's Range: 520.70 ~ 544.20

AXISBANK opened at 520.80 compared to previous close of 520.20

1 candlestick pattern: none

2 candlestick pattern: none

3 candlestick pattern: none

AXISBANK Gap Support and Resistance

Day's Pivot Point Levels for AXISBANK (Support and Resistance):

AXISBANK is trading Above the pivot.

Pivot Point 534.97

Pivot Point Resistance at 549.23(R1) --> 558.47(R2) --> 581.97(R3) --> 605.47(R4)

Pivot Point Supports at 525.73(S1) --> 511.47(S2) --> 487.97(S3) --> 464.47(S4)

*pivot points are calculated based on the closing data of 2017-07-20

AXISBANK Volume and Moving Average Analysis:

20-Day SMA: 510.7

20-Day average volume: 6,929,282

20-Day Range: 484.5 ~ 544.2

484.45 544.20 AXISBANK has average daily volume of 6,929,282 compared to today's volume of 16,392,000. It is currently trading Above 20 day simple moving average.

Intraday Bullish!!!

50-Day SMA: 509.1

50-Day average volume: 6,333,383

50-Day Range: 484.5 ~ 544.2

Short Term Trend is Up!!!

AXISBANK has a support around the gap up area between today's low and previous close 520.20 ~ 520.70

520.70 to act as intraday support.

52-week Range:

52 Week Range: 424.40 ~ 638.30

It is currently trading about 15% below it's 52-week high.

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Technical Analysis is the study of …

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  3. Breakout and Breakdown based on Average Daily Volume
  4. Japanese Candlestick Pattern Recognition of high-potential candlestick patterns
  5. Pivot Analysis
  6. Intraday Sentiment among Traders and Investors
  7. 52-week high low summary

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    • Colors are based on few fundamentals of trading. A higher low suggests bullishness (in this case low is green when current low is higher than last 2 days’ lows). Similarly a lower low is bearish signal.
      and so on…

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