Axis Bank Ltd.
The Bank was incorporated on 3rd December and the Certificate of business on 14th December 1993. The Bank transacts banking business of all descriptions. UTI Bank Ltd. was promoted by Unit Trust of India, Life Insurance Corporation of India, General Insurance Corporation of India, and its four subsidiaries. The bank was the first private sector bank to get a license under the new guidelines issued by the RBI.
The Bank is the 3rd largest private sector bank in India. It is the 4th largest issuer of credit cards and the 2nd largest merchant-acquiring bank in India with an installed capacity of 10 lakh+ terminals, acquiring an incremental market share of 30% in FY22.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock is within the 52 Weeks high zone.
2. 810 is Strong support on the chart, the stock might be making a new lifetime high in the coming month.
3. Risk reward ratio is approximately 1:1. (for swing)
4. Fut. OI is increased.
5. 850 Strike price OI looks interesting.
FUNDAMENTAL ANALYSIS.
SECTOR: Bank - Private
1. MARKET CAP - ₹ 261,515 Cr.
2. Capital Adequacy Ratio - 18.54%
3. Net Interest Margin - 3.47%
4. Gross NPA - 2.82%
5. Net NPA - 0.73%
6. CASA Ratio - 45%
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
#education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #alligator #education #investing #investments #financialmarkets #learningeveryday #learning #banking #financialservices #bank #stock
The Bank was incorporated on 3rd December and the Certificate of business on 14th December 1993. The Bank transacts banking business of all descriptions. UTI Bank Ltd. was promoted by Unit Trust of India, Life Insurance Corporation of India, General Insurance Corporation of India, and its four subsidiaries. The bank was the first private sector bank to get a license under the new guidelines issued by the RBI.
The Bank is the 3rd largest private sector bank in India. It is the 4th largest issuer of credit cards and the 2nd largest merchant-acquiring bank in India with an installed capacity of 10 lakh+ terminals, acquiring an incremental market share of 30% in FY22.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock is within the 52 Weeks high zone.
2. 810 is Strong support on the chart, the stock might be making a new lifetime high in the coming month.
3. Risk reward ratio is approximately 1:1. (for swing)
4. Fut. OI is increased.
5. 850 Strike price OI looks interesting.
FUNDAMENTAL ANALYSIS.
SECTOR: Bank - Private
1. MARKET CAP - ₹ 261,515 Cr.
2. Capital Adequacy Ratio - 18.54%
3. Net Interest Margin - 3.47%
4. Gross NPA - 2.82%
5. Net NPA - 0.73%
6. CASA Ratio - 45%
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
#education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #alligator #education #investing #investments #financialmarkets #learningeveryday #learning #banking #financialservices #bank #stock