You can cancel orders only if their order status is 'pending'. You can check for pending orders (not executed) in the order book section of the trading section of AxisDirect and cancel them.
However, if the order is already executed it cannot be cancelled. Example., you placed an order for selling 100 Axis Bank shares. The order is partially executed and only 60 shares were sold.
In this case the status of the balance 40 shares will be shown as 'pending' and the same can be cancelled. You can also call at Trade-on-Phone desk to cancel the order.