AXISBANK @469 on 28/04/2016

You had been very rightly advised to get back into this on 29/01/2016 when rate was 409/- , it may now be carried by those bought it for long term and it might be sold on surges by those who bought it for medium term…ref 1098/17.00 (46-/1005/1630/1300/1105/12M/cld).

Previous Advice:

AXISBANK @409 on 29/01/2016

You might have sold this when it performed poorer than Nifty as per the advised discipline (under ‘panch-tattva…some guidance…relevant part:APPLY STOP LOSS: Since there are always fresh developments affecting the price, a stop loss mechanism should be followed. You may sell off half the quantity upon under-performance of 3pc against broader indices and sell entire quantity upon 5% under-performance by the stock bought. Once out of stock you should not look back at the same stock until fresh advice has been obtained from us).

You may get back in to this promptly and hold for medium/long term…ref 1108/18.49 (515/1090/1735/1250/951/3M).

 

Prev Advice:

AXISBANK @575 on 05/08/2015

You may retain and some more for medium/long term…ref 1032/14.72 (358/882/1603/1300/1017/3M)

Previous Advice:

AXISBANK @531 on 12/05/2015

You may now slowly start accumulating it for long term…ref 997/15.30 (354/798/1671/1250/915/12M/cld). Previous Advice: AXISBANK @568 on 05/01/2015 I lastly advised you to sell this and remain out and the same advice holds true, there is some extra-ordinary hope generated in market but is risky,,,ref 991/15.33

N.B. I do hope that you find my advice quite understandable and practical, should you find any problem or be confused kindly get in touch with me. You might have studied material given on this site to have better understanding of the terms used in advice like medium term, long term, accumulation etc.

One thought on “AXISBANK @469 on 28/04/2016

  1. Pingback: AXISBANK @537 on 22/07/2016 | Panch Tattva Wisdom

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