Technical Conviction Delivery Idea : Axis Bank Ltd Target Rs. 1310 By Motilal Oswal Wealth Management
Axis Bank Ltd

Buy Axis Bank Ltd CMP 1241 SL 1200 TARGET 1310 DURATION 1 Week
* Retesting breakout zones on daily chart.
* Strong bodied bullish candle.
* Bounce up from 20 DEMA support zones.
* Surge in volumes.
* RSI momentum indicator giving bullish crossover.
* We recommend to buy the stock at CMP Rs.1241 with a SL of Rs.1200 and a TGT of Rs.1310.
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