Hey guys. I am new to the world of trading and invested in BSOFT based on certain technical trends. Yet the price is falling rapidly for no apparent reason. It is a reputable company and even has a 10% weightage in the Value Investing Smallcase. Could anyone tell me what the scenario is going to be like for BSOFT
PS I bought at around 95 and presently it is trading at 10 rupees below
It’s my personal belief, You would have bought @ 60 to 70 Range and waited for sometime.
My view on this particular share is negative. There are two drastic falls of nearly 100 points and also from February the share prices are slowly declining. There is no positive trends expected.
@anon99108009 Thanks for the prompt reply!
any chance i will be able to sell at the price i bought in 3-6 months
worst case scenario i will hold for the year but not book a loss
I dont understand why is it falling suddenly for no reason
@Menta_Sai_Kalyan what makes you say that. what about some short term upside
it is a reputable company and has been awarded for its enterprise services too
It is just sustaining it’s RSI low limit from so many months.