 "The stock of Axis bank has witnessed a decent correction recently and has bottomed out near 425 levels")
BUY AXIS BANK | CMP: Rs 443.35 | TARGET: Rs 490-520 | STOP LOSS: Rs 420
The stock has witnessed a decent correction recently and has bottomed out near 425 levels. Besides, it has improved the bias to anticipate further upward move in the coming days. The RSI indicator has shown signs of bottoming out and has improved the bias with a trend reversal to signal a buy.
With the chart looking attractive, we suggest to buy and accumulate this stock for an upside target of Rs 490-520 levels, keeping the stop loss of Rs 420.
BUY ICICI BANK | CMP:
