Axis, ICICI, IndusInd Bank: Select pvt lenders poised for up to 10% upside

The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.

ICICI Bank Ltd (ICICIBANK)
Outlook: Retesting the support of breakout

The shares of ICICI Bank have a breakout of “Double Bottom” at Rs 770 levels. The current weakness in recent times has tested the same support. As long as this support mark is protected, one can expect a recovery towards Rs 820 and Rs 840 levels, according to the daily chart. CLICK HERE FOR THE CHART
 
Axis Bank Ltd (AXISBANK)
Likely target: Rs 900 (after crossing Rs 820)
Upside potential: 10%

After conquering the resistance of Rs 760, the stock is ready to