Axis Bank slipped 2% in a month, trading below major moving averages with weak momentum (RSI 42). SEBI analyst Deepak Pal flagged support at ₹1,050 and resistance at ₹1,120. Fundamentals remain solid with steady loan growth, healthy CASA, and improving asset quality. Near term, stock may consolidate, while medium-term strength could take it toward ₹1,200+.
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03:06 pm on
22 Aug