Looks Like Axis can be a very good opportunity for buying on Dips.
Final Target is 900.
Now we may have one last leg down in wave 4. & then Road 900 is very Clear in wave 5.
But the show must go on.......
we have contrarian view particularly on Axis bank. Axis banks has also been hit by bad loans and higher provisioning. However it seems that worst is over for axis bank last few quarters were bad and it seems price has already discounted that concerns.
Axis Bank was the only private sector bank which underperformed in a previous bull run. It has yet to surpass its March 2015 Highs.
Thank you. :)