Axis Bank: On verge of a multi-year breakout

Updated
Axis Bank is on the verge of a multi-year trendline, which is been followed by it from its inception.
as you can see in the chart and can easily find that, Axis Bank is also a stock that follows Darvas box theory very well.

As per Fibo retracement shows the next level (Target) for Axis as 1500 around.

it can reach there in the next 1-2 quarters. or till the end of the 2023 financial year. (March-2024)
Trade active
It is taking time but the path of Stock and Axis Bank as a profitable business is inline with our final targets.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer