Query Trends: Bosch Chassis

Query: I have purchased Bosch Chassis after the bonus, since then it is down below Rs.400/-my average price is Rs.495/-Kindly advise what to do ? Sunil Wadekar

Thebullishtrends: Bosch Chassis share price closed yesterday at Rs.390(-6.68%). Technically the share price is in down trend. Bosch Chassis is planning to set up Engineering and manufacturing facilities to set up for gassoline systems, electronic control units and ABS systems in the next financial year. Bosch Chassis is having aggresive plans in Indian markets. You need not worry about this scrip the company growth is depending on Indian Automomobile sector. You can hold this scrip and review again in April'08. You can some more Bosch Chassis if the share price fell down below Rs.350 to get better average price.