73% down and still no bottom! Will Ola Electric break Rs 38 and slide to Rs 31?
Ola Electric shares have plunged over 73% from their all-time high of Rs 157.5 in August 2024. On June 26, the stock hit a fresh low of Rs 43.02, with technical indicators suggesting further downside unless key support levels hold. According to Amit Trivedi, Vice President and Technical Analyst at YES SECURITIES, the stock continues…