Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Monarch Networth Capital Ltd
Buy Axis Bank Ltd For Target Rs.980 - Monarch Networth Capital
News By Tags | #123 #413 #4482 #3050

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Axis Bank Limited

Prices are rising in higher top higher bottom formation since April 2021. It has given fresh breakout from short term consolidation above 820 level (marked with Red horizontal line). Momentum indicator Relative strength index (RSI) is sustaining above 70 level, which suggests that positive momentum is likely to continue for the coming days.

It is recommended to buy at current market price or on dip near 830 – 820 levels with final stop loss at 750 level and target at 900 – 980 level

RECOMMENDATION: BUY CMP:845 SL: 750 TARGET:- 980 TIMEFRAME: 3-4 MONTHS

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at  https://www.mnclgroup.com/disclaimer

SEBI Registration Number : INZ000043833

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaime