Axis Bank, SBI: 5 bank stocks that may give up to 10% return in a month

Topics
Axis Bank | contra calls | Buzzing stocks
Avdhut Bagkar  |  Mumbai 
https://mybs.in/2Zj61DF

State Bank of India (SBIN) Likely target: Rs 530 Upside potential: 8% The shares of banking major took support at its 50-day moving average (DMA), located at Rs 479 recently. As long as this support is defended, the positive bias may help resume an upward momentum towards Rs 530, its next major hurdle, according to the daily chart.
The Moving Average Convergence Divergence (MACD) has reached near the zero line and if shows a similar reversal like stock price, the direction and leadership may show an aggressive bullish sentiment. CLICK HERE FOR THE CHART ICICI Bank Ltd …
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