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)
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