Sudarshan Sukhani, s2analytics.com is of the view that one can buy Axis Bank on dip.
Sukhani told CNBC-TV18, "The private sector banks have been outperformer and Axis Bank is one of them. After a very deep decline, which could actually be a bear market, Axis Bank has recovered, built a base and keeps on going up. So even now assuming that market remains choppy for a couple of days or more Axis Bank is a buying opportunity as is ICICI Bank and Yes Bank and these private sector ones."
He further added, "Axis Bank is a trade that can be taken today, look at target of Rs 1100 or so. Ideally you want to buy it on an intraday dip or an intraday consolidation."
