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55% decline in 2 months of holding.

Guys I had bought Shlb for around 2030 just before Microfinace’s circular . It’s currently on 950 . Before it came in my account it’s price dropped by 25-30% i have been holding it since . Is it a good idea to hold on or just exchange with any other company ? I cannot add more money on that script . What could be ideal in this situation of 55% decline ?

View on r/NepalStock by BellArtistic6144


  1. Sell on an upswing.

    Microfinance has faced a really sharp fall, we can expect an upswing of 10-20% soon. Currently SHLB looks like it is trying to retrace a part of its downfall. However, it has a resistance above 1050, which is where I’d look for selling opportunity.


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