Bank Nifty at around 9900. Axis Bank was first of the block so that definitely looks good. So if I were to just give a strategy in terms of the bank per se, I will buy the 1150 Call around Rs 30, it closed yesterday at Rs 36; so it is a toss between whether one buys at the market open or later."
One may buy this Call Option of 1150 and I have a target around Rs 50 which could come even today. Put a stop loss at Rs 20 if one is buying at Rs 30. If someone is buying at higher price, make this stop loss slightly higher