Axis Bank technical analysis

According to the latest Pivot data, Axis Bank’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹1363.47, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1375.94, ₹1395.27, and ₹1407.74, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1344.14, ₹1331.67, and ₹1312.34, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Axis Bank’s price movement.