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Axis Bank, India Cement: Mehul Kothari bets on 2 stocks post correction

The stock of Axis Bank underwent some profit booking and almost retested that breakout zone

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Mehul Kothari Mumbai
BUY AXIS BANK | TARGET: Rs 840 | STOP LOSS: Rs 750

A couple of weeks back, AXIS BANK confirmed a breakout above 750 mark and gave a decent run up above 800-mark due to exceptional results. After that, the stock underwent some profit booking and almost retested that breakout zone. At this juncture, the stock is poised for fresh upside. Thus, traders can buy the stock near 785-mark with a stop loss of 750 for upside target of 840 in 3 – 5 weeks.

BUY INDIACEM | TARGET: Rs 230 | STOP LOSS: Rs 195

In the past one month, INDIACEM has

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First Published: Feb 22 2022 | 8:36 AM IST

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