Is Axis Bank technically bullish or bearish?

Oct 17 2025 08:09 AM IST
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As of October 16, 2025, Axis Bank's trend has shifted to bullish with moderate strength, supported by bullish indicators like MACD and Bollinger Bands, though caution is advised due to mildly bearish monthly signals.
As of 16 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish moving averages on the daily. The KST and OBV are mildly bullish on the weekly, supporting the overall bullish sentiment. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, Axis Bank shows strong bullish momentum in the short to medium term.
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