From the chart, it can be seen that a clear uptrend is being followed by axis bank.it has also broken its main resistance level (764) . Also completed the 4th wave ( correction) of Elliot wave theory. So if global market remains good we can see the stock price moving towards a target of 860.
Entry @ 781 ( or 790) Target = 860 Stop loss = 754 RIsk to reward ratio = 3:1
The above entry is based on my analysis and is for educational purpose only. use your own analysis and other indicators to enter the trade.