BUY : AXISBANK30SEP25FUT( AXISBANK ) [53043]

RA Name:Manjushri Sharma

🔎 Trade Rationale – AXISBANK Futures (30th Sep 2025 Expiry)

Trend Analysis
AXISBANK is showing strong momentum with higher highs on the hourly chart. The stock has sustained above its short-term moving averages, indicating ongoing bullish sentiment.

Price Action
The breakout above ₹1110 zone with strong volumes signals continuation of the uptrend. The stock is finding support near ₹1094–1096, aligning with intraday demand zone, making it a logical stop-loss area.

Technical Indicators

• RSI is holding above 55, suggesting bullish strength without overbought conditions.

• VWAP and intraday moving averages are trending upward, confirming institutional buying.

• Open Interest (OI) build-up in futures indicates long positions being added.

Risk–Reward

• Entry at ₹1113 with stop-loss at ₹1094 limits downside to ~19 points.

• Upside potential: Target 1 ₹1134 (21 pts) and Target 2 ₹1154 (41 pts).

• Risk–Reward ratio remains favorable at 1:1.1 (T1) and 1:2.1 (T2).

Conclusion
AXISBANK Futures offer a strong intraday buy opportunity backed by price breakout, bullish momentum indicators, and favorable risk–reward setup. Traders can enter around ₹1113 with a stop-loss at ₹1094 and aim for targets ₹1134 / ₹1154.

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