Buy Axis Bank at 1232 for target of 1300 and 1400

Axis bank is a strong candidate for buying for short-term. It can be bought at 1232 for a target of for target of 1300 and 1400.

(1) On the ADX its moved to 20.44, with the +DI at 33 and -DI at 15.
(2) The MACD charts have made a positive cross over.
(3) The stock price is above its 20 Day EMA
(4) Its bullish on weekly charts, its made a Bullish engulfing pattern.