AXISBANK - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.3

📊 Intraday Trading Analysis for AXISBANK

✅ Is AXISBANK a Good Intraday Candidate?

Yes — AXISBANK shows strong intraday potential today based on

Momentum Indicators

RSI at 71.7: Slightly overbought, but still bullish — suggests continuation if volume sustains.

MACD at +9.29: Positive crossover, indicating upward momentum.

Price Action

Trading above both DMA50 (₹1,097) and DMA200 (₹1,117) — confirms bullish structure.

Volume

Near average (58.18 lakh vs 59.86 lakh) — stable liquidity for intraday moves.

Valuation & Fundamentals

P/E (13.4) slightly above industry (12.6), but PEG (0.51) supports growth.

ROE (16%) is solid; ROCE (6.95%) is modest.

Minor concern: Qtr profit dipped -3.79%, but not a deal-breaker for short-term trades.

🎯 Optimal Buy Price (Fresh Entry)

Buy Zone: ₹1,125–₹1,130

Entry on minor dip near support levels for better risk-reward.

📈 Profit-Taking & 📉 Loss Protection

Target 1: ₹1,145 (near recent resistance)

Target 2: ₹1,160 (next breakout level)

Stop-Loss: ₹1,115 (below DMA200)

🕒 If You Already Hold Today

Exit on Strength

If price breaks ₹1,145 with rising volume and RSI > 74, trail stop-loss to ₹1,135 and aim for ₹1,160.

Exit on Weakness

If price dips below ₹1,115 and MACD flattens or turns negative, consider exiting to protect gains.

⚠️ Final Take

AXISBANK is well-positioned for intraday trading today with bullish momentum and technical strength. Use tight stop-losses and monitor RSI for signs of exhaustion. Let me know if you'd like to track price triggers or set up alerts!

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