Avg is 561.78 current LTP is 409 own shares is 28 Then how much I should buy to bring down avg to equal level
Your current position is: Current Average Price (\text{P}_{\text{avg}}): 561.78 Current LTP (\text{P}_{\text{LTP}}): 409 Shares Owned (\text{N}_{\text{old}}): 28 The number of shares you should buy depends entirely on the new target average price (\text{P}_{\text{target}}) you want to achieve. The formula to calculate the number of shares to buy (\text{N}_{\text{new}}) is: To answer your question directly, you need to decide on a new target average price (\mathbf{P}_{\text{target}}) between 409 and 561.78, and then use the formula above to calculate the exact quantity to buy. Example B (Target \mathbf{P}_{\text{target}} = 480) Verification: If you buy 33 shares at 409: Old Cost: 28 \times 561.78 = 15,729.84 New Cost: 33 \times 409 = 13,497 Total Shares: 28 + 33 = 61 Total Cost: 15,729.84 + 13,497 = 29,226.84 New Average: \frac{29,226.84}{61} \approx 479.13 (Close to 480)