For new investors it may be bit hard to abosrb this drops. But it's common in all markets. I'm a technical trader.
Technically NDB's drop couldn't be predicted. Even I have bought NDB at 260 and then averaged and 240. But later on I could catch NDB is going to touch below 200.
ThenI stopped buying.
What is next:
Fundamentally I see NDB is a good share but technically I see it will go down a bit but not below 182.
182 is worst price and unlikely to touch, but next prices I would like to add are 193, 189-190 and 182.
But keep in mind this is a diaster for NDB, disaster almost going to end and NDB will go up again towards 300 levels.
Update about ASI:
After budget everybody expected market will go up sooner than later. But it went down sooner than later.
This is the behaviour of CSE. Long term I'm bullish about CSE but short term worst case ASI may touch 6920 but I don't think below....