Business Standard

Monday, December 23, 2024 | 09:37 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Here's why Osho Krishan is bullish on Axis Bank, BirlaSoft and Gujarat Gas

According to the technical analyst from Anand Rathi, Axis Bank is in a secular uptrend and can rally up to Rs 870

Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis
Premium

Osho Krishan Mumbai
BUY AXISBANK
TARGET: Rs 870
STOP LOSS: Rs 770

AXISBANK is in secular uptrend, trading in the cycle of higher highs, higher lows in all time frames indicating inherent strength in the counter. Also the stock is placed above all its major exponential moving averages on daily chart supporting the bullish trend. On oscillator front, 14-period RSI is signalling strength whereas the MACD line is well placed above the signal line affirming the bullish stance in the counter in near future.

BUY BIRLASOFT LTD
TARGET: Rs 448
STOP LOSS: Rs 398

BSOFT is trading in a rising

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in