Axisbank is forming Higher lows and Higher highs for quite some time and seeing very strong on charts as per trend lines as well. Its currently trading above its 20EMA 1425 and having very good support at 1475-1470 range. We recommend to go long in Axis bank at CMP with a stop loss of 1475 (on closing basis) for a target of 1520, 1550+
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Thanks for giving your valuable inputs, TRENDGURUS