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Positive on Axis Bank at this point of time, says Dipan Mehta

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Ashwani Gujral and Dipan Mehta discuss with Nigel D’Souza and Latha Venkatesh their analysis on the technical side of the market as well as specific stocks and sectors. They also answered viewer stock queries.

Ashwani Gujral and Dipan Mehta discuss with Nigel D’Souza and Latha Venkatesh their analysis on the technical side of the market as well as specific stocks and sectors. They also answered viewer stock queries.
They also spoke at length on Axis Bank, GAIL, Can Fin Homes, Aurobindo Pharma.
Talking about Axis Bank, Dipan Mehta said, “It is a nice trading zone at this point of time and certainly Axis Bank could move up by a few percentage points over the month and maybe lot of excitement will be built around the December as well. On the long-term basis at some point one will need to switching over Axis Bank into something like HDFC Bank or IndusInd Bank which has also seen decent correction especially IndusInd Bank.”
Follow stock recommendations by Ashwani Gujral here:
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