Axis Bank
Buy Above Rs 652
Target: Rs 670
Stop Loss: Rs 640
During yesterday’s closing hour, Axis Bank managed to close near the day's high which indicates strength. The stock has still not breached its May 2022 low of Rs 630 which displays outperformance.
On the daily time frame, we are witnessing a bullish hammer like formation. Thus, traders can buy the stock above Rs 652 with a stop loss of Rs 640 for an upside target of Rs 670 in coming 2 – 3 trading sessions.
Fine Organic
Buy Above Rs 4,820
Target: Rs 5,200
Stop Loss: Rs 4,620
The stock of Fine Organic had a phenomenal rally