Query Trends : Patni Comp & Rcom

Query : Nov'07 I have purchased 100 shares of Patni Comp at price of Rs.492 but it is going down since then. I am having huge loss should I hold or exit? Also what's wrong with wrong with Rcom, it is going down, I bought it at Rs.794, I lost big money in future? pls suggest. Vilrant jain

Thebullishtrends : Patni Comp shares closed at Rs.313 on Friday. The share price is fluctuatiing since last one month because of dollar rate fluctuations, it is nothing wrong with the company performance. It is a good IT stock, try to accumulate some more to get better average price.

Rcom shares closed at Rs.674 on Friday. Rcom is under the spectrum rope, but company is having aggressive plans in GSM segment. Need not to worry, it will touch Rs.900 before April'08.