Axis Bank Future and Option Prediction for Tomorrow 1 June 2026: Key Levels and Strategy

The axis bank future and option prediction for tomorrow on 1 June 2026 is bearish, based on Axis Bank closing at Rs 1,290 on 29 May 2026 (-1.08%). GIFT Nifty at 23,860.0 (+201.5 pts, +0.85%) signals a positive gap-up for Indian markets on 1 June. Nifty 50 closed at 23,649.95 on 29 May 2026, supported by a 3.2 per cent Nifty IT rally. FII net selling of Rs 21,105.86 crore on 29 May 2026 and below-normal monsoon concerns are the key risk factors for the axis bank future and option prediction for tomorrow.

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Axis Bank Share Price Recap on 29 May 2026

CMP (29 May 2026 Close): Rs 1,290 (-1.08%)

Sector: Private Banking | 52W High: Rs 1,565 | 52W Low: Rs 978 | Lot Size: 625

Axis Bank declined on 29 May as the banking sector faced broad pressure from FII selling. The bank showed relative outperformance compared to HDFC Bank and ICICI Bank, declining less than its larger private bank peers, reflecting improving NIM and CASA franchise quality.

Axis Bank Futures Prediction for Tomorrow 1 June 2026

Futures Trend: Bearish

Futures Price (Approx): Rs 1,291

Support 1: Rs 1,272 | Support 2: Rs 1,255

Resistance 1: Rs 1,312 | Resistance 2: Rs 1,335

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the Axis Bank future and option prediction for tomorrow places Rs 1,272 as the critical immediate support for the 1 June session. With GIFT Nifty indicating a gap-up open of 201.5 points, the early session direction will be pivotal. Jaiswal flags Rs 1,312 as the first resistance level. A gap-up open above Rs 1,272 that sustains in the first 15-minute candle confirms the bearish continuation for Axis Bank futures on 1 June 2026.

Axis Bank Options Analysis for 1 June 2026

PCR: 0.84 | Max Call OI: Rs 1,315 strike | Max Put OI: Rs 1,272 strike

Kunal Singla, Associate Director at Univest, observes that the Axis Bank options chain shows maximum call OI at Rs 1,315 and maximum put OI at Rs 1,272. The PCR of 0.84 reflects cautious positioning with call OI exceeding put OI. On the gap-up open driven by GIFT Nifty at +201.5 points, Singla suggests watching Rs 1,272 as the intraday support floor for options-based positioning in Axis Bank on 1 June.

Key Triggers for Axis Bank on 1 June 2026

• GIFT Nifty Gap-Up (+201.5 pts): The positive pre-market signal sets a constructive base for Axis Bank futures on 1 June.
• CASA ratio and NIM improvement: Primary sector-specific catalyst for Axis Bank direction on 1 June 2026.
• Retail and SME credit growth: Secondary trigger to watch in the first half of the session.
• FII Flow Reversal: FII selling of Rs 21,105.86 crore on 29 May 2026 resets on 1 June as a new month begins. Positive FII flow would accelerate bearish momentum in Axis Bank.

Trading Strategy for Axis Bank Futures and Options on 1 June 2026

1. Gap-Up Confirmation: Wait for the first 15-minute candle above Rs 1,272 before entering Axis Bank futures. Do not chase the gap-up open.

2. Bull Setup: If Axis Bank holds above Rs 1,272 and breaks Rs 1,312 on volume, the futures target is Rs 1,335 for the session.

3. Bear Setup: A break below Rs 1,255 on sustained selling confirms a bearish reversal. Exit longs and avoid buying on the dip below this level.

4. Options Strategy: With PCR at 0.84, consider defined-risk spreads for the 1 June session. Naked options carry elevated risk on a gap-up expiry week open.

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Conclusion

The Axis Bank future and option prediction for tomorrow 1 June 2026 is bearish, with key support at Rs 1,272 and resistance at Rs 1,312. Axis Bank closed at Rs 1,290 on 29 May 2026 (-1.08%). GIFT Nifty at +201.5 points provides a positive gap-up backdrop. Ankit Jaiswal of Univest places Rs 1,272 as the session support and Kunal Singla of Univest flags Rs 1,315 call OI as the resistance ceiling. All Axis Bank future and option prediction for tomorrow levels are educational analysis only. Consult a SEBI-registered advisor before trading.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

Frequently Asked Questions

What is the Axis Bank future and option prediction for tomorrow 1 June 2026?

Ans. The Axis Bank future and option prediction for tomorrow is bearish. CMP is Rs 1,290 (-1.08% on 29 May 2026). Support is at Rs 1,272 and resistance at Rs 1,312. GIFT Nifty at +201.5 points signals a positive gap-up open. PCR for Axis Bank options is 0.84 with max call OI at Rs 1,315.

What is the support level for Axis Bank futures on 1 June 2026?

Ans. Support levels for Axis Bank futures on 1 June 2026 are Rs 1,272 (immediate) and Rs 1,255 (secondary). Ankit Jaiswal of Univest identifies Rs 1,272 as the make-or-break level for the Axis Bank future and option prediction for tomorrow.

What is the resistance level for Axis Bank on 1 June 2026?

Ans. Resistance for Axis Bank on 1 June 2026 is Rs 1,312 (immediate) and Rs 1,335 (next resistance). Maximum call OI at Rs 1,315 acts as the upper boundary for the Axis Bank future and option prediction for tomorrow.

What is the PCR for Axis Bank options on 1 June 2026?

Ans. The PCR for Axis Bank options is 0.84. Max call OI is at Rs 1,315 and max put OI at Rs 1,272. Kunal Singla of Univest observes this PCR as a cautious signal for the Axis Bank future and option prediction for tomorrow.

What are the key triggers for Axis Bank on 1 June 2026?

Ans. Key triggers for Axis Bank on 1 June 2026 include: GIFT Nifty gap-up of +201.5 points, casa ratio and nim improvement, retail and sme credit growth, and potential FII flow reversal at the start of June. These determine the Axis Bank future and option prediction for tomorrow direction.