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| Discuss AXIS BANK or BANK NIFTY ???? at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Guys ,,, I want to create a long position in the banking sector as I ... |
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#1
1st January 2008, 01:26 PM
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AXIS BANK or BANK NIFTY ????
Hi Guys ,,, I want to create a long position in the banking sector as I am bullish on this space and am not sure which wld be the best pick among them ,,, I want to buy one lot in the futures which has a relatively low margin ,,,
I have zeroed in on Axis bank and Bank Nifty as my preferred options which fit my criteria,,,, Could the seniors in this forum ( both technical & fundamental ) pls suggest as to which option wld be better ,,, the bank nifty comprises of top 12 stocks in that sector ,,, Pls advice as to which wld be the better option ,,, thnx 
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#2
1st January 2008, 04:21 PM
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Re: AXIS BANK or BANK NIFTY ????
Quote:
 AXIS BANK....CLOSE :973 (BSE) as u r planning to enter this sector NOW....it would b advisable to deploy half of ur sector fund & that too 50/50 in both . TECHNICALLY , AXIS BANK gave a buy way back @ 612 bse close on 29/8/07...it has run up quite significantly...though there may still b more steam left...but as u have missed a major rally.....hence the abv rec from here.... Last edited by sudoku1 : 1st January 2008 at 04:23 PM. Reason: *
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