Technical Analyst, Rajat K Bose is of the view that if Axis Bank crosses Rs 893 then the next target would be Rs 904 and if it were to stay above Rs 900 then the strength would be confirmed and further upswing can happen.
Bose told CNBC-TV18, "I would say that Axis Bank’s chart is looking the strongest of the whole lot and chances are that you would see this Axis Bank going beyond Rs 900 levels. If it were to cross Rs 893 then the next target would be Rs 904 and if it were to stay above Rs 900 then the strength would be confirmed and further upswing can happen but as of now on technical charts we can project Rs 904."
He further added, "DCB would have to sustain above Rs 114-116 as of now."
Disclosures: It is safe to assume that analyst and his clients may have an interest in the stocks/sectors discussed.