Axis Bank fell over 4% after Q1 net profit dipped 4% to ₹5,806 crore and provisions surged 94% whereas NIM shrank to 3.8%, spooking investors. Analysts flagged ₹1,150-1,120 as key supports; a breakdown may drag stock to₹1,050. Retail slippages and a one-time ₹821 crore provision drove the spike. Despite solid ops, the near-term trend is bearish.