Axis Bank eyes breakout above ₹1,130 as fundamentals stay firm
Axis Bank stock has rebounded from ₹1,045-₹1,050 support, now testing key EMAs. SEBI-registered analyst Deepak Pal sees a breakout above ₹1,130 opening upside to ₹1,165-₹1,200, while failure risks a retest of ₹1,050. Despite NIM pressures, strong asset quality (GNPA <2%), stable CASA, and robust capital buffers keep long-term uptrend intact.