Buy Axis Bank, stoploss Rs 1075: LKP

Keep Rs 1075 stoploss in Axis Bank, says Rakesh Gandhi, LKP.

Gandhi told CNBC-TV18, "Axis Bank and Federal Bank look good but I would bet on Axis. I feel that staying above Rs 1100 level gives it a momentum to rise further. So Axis would be a stock that I would look for at this point of time. If it is bought, the stop loss should be kept at around Rs 1075.