Any one tell the Status of Rolta India..

#1
Hi All,

I bought 40 shares of Rolta India @ Rs.511.00 about 10 days back.
Now the shares are going @ 440

What can I do.. Shall I hold it or Sold it out.

Pls tell the status..

Cheers
TraderShiva...
 

koolfriend4u

Well-Known Member
#3
If u r a short term trader

pls Better sell at high level

if u r an investor - long term

dont bother hold for a long term tgt 549

Happy trading

-koolfriend4u
 
#5
Hi All,

I bought 40 shares of Rolta India @ Rs.511.00 about 10 days back.
Now the shares are going @ 440

What can I do.. Shall I hold it or Sold it out.

Pls tell the status..

Cheers
TraderShiva...
It is a good company in a niche market, also not too exposed to the currently fluctuations with 60% of its revenue from indian market. It is in a high marging business. I would strongly recommend you hold for long term.

Good Luck
Nikhil
 

pokrate

Active Member
#6
Rolta today made new low in a rising market. This is what happens when a stock breaks below the contraction zone. God only can save it now.
 
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