Axis target price on sell leg is too near, it reached there in 1 day
There seems good probability of it not holding there and go as down as 415
If such price target text is not allowed in this thread, then let me add some fundamental related lines.
July-Aug-Sep-2022 result was announced 20-Oct, since that number announcement the stock price is losing relentlessly, -20% cumulative from pre-result level.
There is something seriously negative in the numbers which learned people can make out.
I could only find a large increase in borrowing and CWIP during this quarter.
If someone who has understood any major red flag in quarterly result can give some color.
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