Stock Idea: Axis Bank

2023年1月10日

Axis Bank is the 3rd largest private sector bank in India. It is the 4th largest issuer of credit cards and the 2nd largest merchant-acquiring bank in India with an installed capacity of 10 lacs+ terminals, acquiring an incremental market share of 30% in FY22. Axis Bank gave a very strong breakout on multiple time frames. I believe the rally has just started. This stock should be in every portfolio for the coming years. Keep a Stop Loss around 900 and go long.