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What is this??

Discussion in 'Technical Analysis' started by jignesh_acharya, Jul 29, 2014.

  1. jignesh_acharya

    jignesh_acharya Active Member

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    Please refer to the chart
    it shows that it has come down from 1978 to 395 in chartink.com
    while moneycontrol and other websites does not shows like this
    what happened?
     

    Attached Files:

    jignesh_acharya, Jul 29, 2014
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  2. yankeedin

    yankeedin Responder

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    Axis bank face value was split from 10 to 2. Hence the price also split accordingly i.e from 2000 to 400. Hence the price is near 400.

    In chartink, split is not adjusted hence the chart as you attached.

    whereas others have adjusted the split and shown chart accordingly.
     
    yankeedin, Jul 29, 2014
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    hirenrachh likes this.
  3. shabbir

    shabbir Administrator Staff Member

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    Nothing to be worried about as of now.
     
    shabbir, Jul 29, 2014
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