Delivery Picks Newsletter

AXIS Bank (543.20 @11am, 20170724)

Buy this with a stop below 510 on the close; targets 579 – 583, 612/13 and 640 – 648. For full projection to be met, the anticipated time horizon is 5 weeks from now.

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Use the stop-loss for sure as one of the means reducing your losses and risk. Another way of doing it is also reduce your position size in case you are not very inclined to play this momentum game.