Query: I have bought 1000 shares of Oswal Chemicals and Fert at Rs.77.50/-. It has corrected a lot from buying amount. I am very disappointed with the performance of the company's shares price. Please advise me to hold the shares or sell it and book losses.? Ajay Kumar- Mumbai
Thebullishtrends: Oswal Chem share price closed today at Rs.41.55(-Rs.0.35). Though the fundamentals of the company is sound but investor sentiment is poor in this stock. Market souces expected the favourable announcements for Fertiliser Industry but it was not happend. And the share price technically is in down trend but it will get good support at Rs.50 level in the coming days. You are requested to please hold this stock till the market recovers.
