Stock Radar: Axis Bank rebounds after testing 200-DMA on daily charts; time to buy?

Axis Bank's stock, which dropped 13% from its July 2024 highs, showed signs of potential recovery. Technical analysis suggests the stock could rebound to Rs 1,300-Rs 1,350 in the next 1-2 months. Improved RSI and support above the 200-Days Exponential Moving Average indicate a buying opportunity for high-risk traders.