AXIScades

Axiscades is losing every day. What's the reason behind it? It can't be a normal correction for it. Because no share corrects so sharply with lower circuit everyday.
What about the accounts?

 

promoter have sold @higher levels so all are selling @ lower levels .........in stock market its always say ed that never catch the bottom and top....

 

as if we know where the top and bottom is..

 

Everybody talking about promoters sold: In fact these were block deal purchases (March23, 25, …) by a clutch of value investor including Ashish Kacholia and Alchemy capital from Axiscades Promoter owned jupiter capital @ price Rs.225 -240 (almost same as its current market price). If the price goes down from here, we can expect Ashish Kacholia will increase his holdings. Seems like nothing much to loose from here.

 

yes i know........ every investor who had bout this stock ....if he is selling means lower level for that investor ....booking losses....
.....if he is not selling .....it may be a different story.
don't get misunderstand my friend .....