It looks loke it is going to get dragged further. We must be very careful while avaraging....

I have long position at 94.Badly strangled. Don`t know what to do....

It is indeed good time to buy, add this scrip since the downside is quite limited.If one is investing with 3- 4 years horizon,this is available at such a low price.......

I would recomend to buy another 3 lot at current level. and keep some 10-20% extra margin. Because people gone short heavily once it takes u turn and once short covering starts everybody will try to close shorts. Think about those people have gone at around 50 they will be first one to start covering their shorts....