Axis Bank is the third-largest private bank in India after HDFC and ICICI. Ganesha analyses the horoscope of Axis Bank to predict its future.
According to the horoscope of Axis Bank, the slow-moving planet Saturn is Swagruhi (placed in its own house) in the house of happiness. At the same time, five planets are in conjunction, namely Rahu, Sun, Mars, Venus and Mercury. Due to the influence of these planets, we see frequent ups and downs in the share prices of this bank.
Besides, all goes well if auspicious planets transit the horoscope of Axis Bank. However, if malefic planets rule over its horoscope, it leads to a high level of volatility. Thus, one can do jobbing from ei- ther side in the scrip of Axis Bank according to stock price forecast.
According to the horoscope reading of Axis Bank's chart, Jupiter's transit is favourable. Jupiter stands for expansion, thus all big plans will progress well. Jupiter in a good position helps in the accumulation of wealth.
On the other hand, planetary positions foretell a massive confusion in futures and options (F&O) segment between May 3 and November 6, 2018. This may happen because the combination of Mars-Ketu will impact the natal Moon. This will require huge alertness on the part of Axis Bank's higher management.
The second house is the most significant for any bank as it signifies the financial fortunes. The second house also stands for commercial developments, trade and shares. Saturn is ruling the second house of Axis Bank. This indicates financial losses for Axis Bank due to various reasons.
In the end, we can say that Axis Bank's management will have to move cautiously to make the bank grow. So, investors should make wise investments in Axis Bank and stay away from F&O.