jatin_agarwal

Stock Idea: Axis Bank

Long
NSE:AXISBANK   AXIS BANK
Axis 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 lacs+ terminals, acquiring an incremental market share of 30% in FY22. Axis Bank gave a very strong breakout on multiple time frames. I believe the rally has just started. This stock should be in every portfolio for the coming years. Keep a Stop Loss around 900 and go long.

Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.