Axis band and inox leasure, my portfolio

#1
Dear Experts,

please advice me on my strategy, after some research i bought equity in axis and inox, here are details

Axis: purchase price 519 qty:100 :my opinion for buying: its board meeting is on 27 oct, might give some positive boost

Inox: purchase 236. qty:100, what should be safe target for me.
 

padiyaraa

Well-Known Member
#2
About Axis Bank Ltd your buy at 519 (A greenhorns view)

With the 654.9 top the current uptrend seem to be over,
and it need a healthy correction for the stock to move further.
You have a better pick at 519, but it will be around this price for
some more time.. I think the 450 level will be a strong support,
and if you see that price any time, it is ideal to add more. It will give
you a good return in long term, at least it can double your investment
in two years.


Inox Leisure Ltd : your buy at 236 (Also read this as a learners perspective)
Not seems to be a good pick, and the top 269.80 is a far cry now.


If your purpose was to invest in specialty retail, Vakrangee was a better bet.
Vakrangee Ltd cmp Rs:133.60
 
Last edited:

padiyaraa

Well-Known Member
#3
About Axis Bank Ltd your buy at 519 (A greenhorns view)

With the 654.9 top the current uptrend seem to be over,
and it need a healthy correction for the stock to move further.
You have a better pick at 519, but it will be around this price for
some more time.. I think the 450 level will be a strong support,
and if you see that price any time, it is ideal to add more. It will give
you a good return in long term, at least it can double your investment
in two years.


Inox Leisure Ltd : your buy at 236 (Also read this as a learners perspective)
Not seems to be a good pick, and the top 269.80 is a far cry now.


If your purpose was to invest in specialty retail, Vakrangee was a better bet.
Vakrangee Ltd cmp Rs:133.60
Vakrangee 450 now a 340% gain,while inox is still 288 only