#AXISBANK follow up to the post of Oct 19 on my timeline, stock has successfully broken out of the resistance. Wait for levels of 835 - 840 for fresh entry or accumulation.

In terms of the financials, there has been a substantial improvement in the margins over the last quarters. Having said that it is not a great stock to invest in for long time as there are better peer companies in the same sector.

Technically, one can keep a stop loss below 705 for accumulation at 835-840 levels. If someone is carrying it from lower levels, trail SL below 705.

Do let me know yours in the comments!
Chartbusters - chart - 15406397