Axis Bank Future and Option Prediction for Tomorrow 29 May 2026: Key Levels and Strategy

The Axis Bank future and option prediction for tomorrow on 29 May 2026 is bullish based on 27 May 2026 data. Axis Bank (NSE: AXISBANK) closed at Rs 1304.1 on 27 May 2026, a change of +7.8 (+0.6%) in the session. The stock touched a session high of Rs 1314.5 and a session low of Rs 1293.1. With GIFT Nifty indicating a gap-down of -261 points (-1.09 per cent) for 29 May 2026, the Axis Bank future and option prediction for tomorrow carries a bullish bias in the near term. Support is at Rs 1293 and resistance at Rs 1314.5 for the 29 May 2026 session.

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Axis Bank Share Price Recap on 27 May 2026

CMP (27 May Close): Rs 1304.1

Session Open: Rs 1296.3 | High: Rs 1314.5 | Low: Rs 1293.1

52-Week High: Rs 1565 | 52-Week Low: Rs 978

Axis Bank gained 0.6 per cent on 27 May outperforming Bank Nifty. The bank’s improving NIMs and deposit franchise quality supported the price action.

Axis Bank Futures Prediction for Tomorrow 29 May 2026

Futures Trend: Bullish

Futures Price (Approx): Rs 1305

Support 1: Rs 1293 | Support 2: Rs 1278

Resistance 1: Rs 1314.5 | Resistance 2: Rs 1335

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the Axis Bank future and option prediction for tomorrow places Rs 1293 as the critical immediate support. A hold above Rs 1293 in early trade on 29 May 2026 would signal bullish continuation toward Rs 1314.5. Jaiswal flags that the gap-down indicated by GIFT Nifty at -261 points may pressure Private Sector Banking stocks at the open, making the first 30-minute candle decisive for the Axis Bank futures direction.

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Axis Bank Options Analysis for 29 May 2026

Put Call Ratio (PCR): 0.93 | Max Call OI: Rs 1320 strike | Max Put OI: Rs 1290 strike

Kunal Singla, Associate Director at Univest, observes that the Axis Bank options chain for the near-month expiry shows maximum call open interest at the Rs 1320 strike and maximum put open interest at Rs 1290. The PCR of 0.93 reflects cautious positioning with put writing lagging call buildup. On a gap-down open driven by GIFT Nifty weakness, Singla suggests watching the Rs 1290 put OI level as a potential support floor for intraday positioning in Axis Bank options on 29 May 2026.

Key Events and Triggers for Axis Bank on 29 May 2026

• GIFT Nifty Gap-Down (-261 pts): A 1.09 per cent lower opening affects all Private Sector Banking stocks and sets the early session tone for Axis Bank.
• CASA ratio and NIM trajectory: This factor directly influences Axis Bank intraday direction on 29 May 2026.
• Retail and SME credit growth: Watch for updates that could drive Axis Bank futures above or below key levels.
• BSE Sensex Weekly Expiry (29 May 2026): Expiry day volatility may amplify moves in Axis Bank options, particularly near the max OI strikes at Rs 1320 and Rs 1290.

Trading Strategy for Axis Bank Futures and Options on 29 May 2026

1. Do Not Chase the Gap-Down Open: Wait for Axis Bank futures to stabilise above Rs 1293 before initiating any long position in the 29 May 2026 session.

2. Bull Setup: If Axis Bank holds above Rs 1293 for the first 15 minutes and reclaims Rs 1314.5, the Axis Bank future and option prediction for tomorrow turns positive toward Rs 1335.

3. Bear Setup: A sustained break below Rs 1278 confirms renewed selling pressure toward the next support. Avoid catching falling knives.

4. Options Strategy: With PCR at 0.93 and BSE Sensex weekly expiry on 29 May 2026, consider defined-risk spreads rather than naked options in Axis Bank for the session.

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Conclusion

The Axis Bank future and option prediction for tomorrow on 29 May 2026 is bullish, with key support at Rs 1293 and resistance at Rs 1314.5. Axis Bank closed at Rs 1304.1 on 27 May 2026 (+0.6%), with a 52-week range of Rs 978 to Rs 1565. GIFT Nifty indicating a -261 point gap-down on 29 May 2026 adds caution for the Private Sector Banking sector. Ankit Jaiswal of Univest flags Rs 1293 as the session support while Kunal Singla of Univest highlights Rs 1320 call OI as the resistance ceiling. These levels are for educational analysis and not investment advice. All Axis Bank future and option prediction for tomorrow levels should be verified against live market data on 29 May 2026.

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 29 May 2026?

Ans. The Axis Bank future and option prediction for tomorrow is bullish. CMP is Rs 1304.1 on 27 May 2026. Support is at Rs 1293 and resistance at Rs 1314.5. GIFT Nifty indicates a -261 point gap-down for 29 May 2026. PCR for Axis Bank options is 0.93 with max call OI at Rs 1320.

What is the support level for Axis Bank futures on 29 May 2026?

Ans. The support levels for Axis Bank futures on 29 May 2026 are Rs 1293 as immediate support and Rs 1278 as secondary support. Ankit Jaiswal of Univest flags Rs 1293 as the make-or-break level for the session.

What is the resistance level for Axis Bank on 29 May 2026?

Ans. The resistance for Axis Bank on 29 May 2026 is Rs 1314.5 as immediate resistance and Rs 1335 as next resistance. Maximum call OI is at Rs 1320, which acts as an additional resistance reference for options traders.

What is the PCR for Axis Bank options ahead of 29 May 2026?

Ans. The Put Call Ratio for Axis Bank options is 0.93. Maximum call open interest is at Rs 1320 and maximum put open interest is at Rs 1290. Kunal Singla of Univest observes this PCR as a cautious signal for 29 May 2026.

What are the key triggers for Axis Bank on 29 May 2026?

Ans. Key triggers for Axis Bank on 29 May 2026 include: GIFT Nifty gap-down of -261 points, casa ratio and nim trajectory, retail and sme credit growth, and BSE Sensex weekly expiry volatility. These factors will determine Axis Bank futures direction in the 29 May 2026 session.