Reiterating Buy Call on Axis Bank after Amazing Q3 Result๐คฉ๐ธ๐ฅ
Buy Axis Bank for Positional Trading as well as Investment.๐ธ๐ฅ๐ธ
Comment your views๐
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๐ฅThe stock is the best value pick among the major big private banks as it is available approximately at its 6 years old price while its TTM Net Profit is more than the combined Net Profit of 2020 & 2021.
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โ๏ธBoth Technically & Fundamentals strong.๐ช๐ช
The company recently posted the best Q3 Result.
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โผ๏ธ It was in a Retracement Phase from November 2021. Recently it formed a double bottom and had given breakout. Now with volume continuation, we can expect a strong uptrend from here.
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๐technofunda_traderโ
Few Important rules from my Trading Philosophy:โ
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
โ 5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share ๐๐๐
Comment your views๐
.
๐ฅThe stock is the best value pick among the major big private banks as it is available approximately at its 6 years old price while its TTM Net Profit is more than the combined Net Profit of 2020 & 2021.
.
โ๏ธBoth Technically & Fundamentals strong.๐ช๐ช
The company recently posted the best Q3 Result.
.
โผ๏ธ It was in a Retracement Phase from November 2021. Recently it formed a double bottom and had given breakout. Now with volume continuation, we can expect a strong uptrend from here.
.
๐technofunda_traderโ
Few Important rules from my Trading Philosophy:โ
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
โ 5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share ๐๐๐
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