1. I am optimistic on the prospects of this bank of which am is also a customer and is impressed by its fuc=nctioning and ofcourse the efficiency is reflected in the balance sheet. The said bank is presently available at attractive valuations.
2. To let the cat out of the bag the name of the bank is Axis Bank and as a long term investor one can hold this stock till the time the level of Rs 219 is not breached on the lower side. Stock enjoys strong support at Rs 420 and Rs 360- Rs 300.
3. Stock is showing an uptrend since it attained its low of Rs 362 in the month of Nov 2008 and can target the price of Rs 575-Rs 720 in coming year.
2. To let the cat out of the bag the name of the bank is Axis Bank and as a long term investor one can hold this stock till the time the level of Rs 219 is not breached on the lower side. Stock enjoys strong support at Rs 420 and Rs 360- Rs 300.
3. Stock is showing an uptrend since it attained its low of Rs 362 in the month of Nov 2008 and can target the price of Rs 575-Rs 720 in coming year.
