AXISBANK Hammer formation - I Have a bullish view.

Panjang

AXIS BANK (NSE:AXISBANK)

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NSE:AXISBANK AXIS BANK

chartpattern axisbank axisbanklong bullishharami

Slight Bullish Harami gives some confidence. This looks interesting because Axis is breathing some fresh air after so many months. If it sustains at this level, I firmly believe that Axis can hit the HHs pretty soon. All because of that YesBank fiasco, I assume.

Komen:

YESBANK announcement of new CEO gave such a blow to this.

Komen:

This turned out good for Options intraday but not effectively returned profits for Long term investors. With YESBANK on raise again, AXISBANK might take a blow now and then. View is still BULLISH though.

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