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Axis Bank Limited

Axis Bank Limited technical analysis

AXISBANK.NSFinancial Services Updated daily

Technical analysis of Axis Bank Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.

What is Axis Bank Limited

Axis Bank Limited is a bank headquartered in Mumbai that provides financial services in India and internationally. The company offers savings and current accounts, deposits, personal and home loans, credit and debit cards, mutual funds, and insurance services. Through its four operating segments (Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business), it manages a wide range of financial products including commercial loans, government savings products, and forex services.

Description generated automatically from public sources; it may be inaccurate or out of date.

Axis Bank Limited: latest session data

Closing values for September 3, 2026, computed on the last 12 months of prices.

Close1,273.00
Change+0.47%
RSI (14)54.7
MACD2.303
ADX22.3
Volatility (ATR)1.81%
Volume vs 20-avg80%
12-month high1,399.02
12-month low1,149.41

Moving averages

21 sessions

1,246.92

+2.09%

50 sessions

1,270.80

+0.17%

200 sessions

1,288.18

−1.18%

Session levels

s2

1,250.00

Support

s1

1,258.50

Support

pivot

1,268.70

Pivot

r1

1,277.20

Resistance

r2

1,287.40

Resistance

How to read it

In the September 3, 2026 session Axis Bank Limited closed higher at 1,273.00 , +0.47% versus the previous session.

The price sits mixed against its moving averages: +2.09% against the 21-session average, +0.17% against the 50 and −1.18% against the 200.

The 14-period RSI reads 54.7, in neutral territory.

MACD stands at 2.303 against a signal line at -2.619: the histogram is positive (+4.922).

ADX reads 22.3, indicating weak directionality.

Levels computed on the latest session place supports at 1,258.50 and 1,250.00 and resistances at 1,277.20 and 1,287.40 , around a pivot of 1,268.70.

The average daily range (ATR) is 23.027 , or 1.81% of price.

Turnover was 3.8M shares, 80% of the 20-session average.

Over the last twelve months the price ranged between 1,149.41 and 1,399.02 , and today stands −9.01% from the period high.

Measures computed on closing prices. They describe the past; they are not forecasts.

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How Montbon’s technical analysis works

Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.

Elliott Waves

Wave counting to frame the price structure.

MTF moving averages

Moving averages across timeframes to read the trend.

0–100 score

A technical summary of the setup, updated daily.

Read the full Montbon Score methodology →

FAQ about Axis Bank Limited

How is Axis Bank Limited analysed technically?

Technical analysis of Axis Bank Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.

Which timeframes are used for Axis Bank Limited?

The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.

What are Elliott Waves applied to Axis Bank Limited?

Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Axis Bank Limited it helps frame the technical structure of the historical chart and is not a forecast.

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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.

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