“If the spending on elections allows the two-wheeler segment to revive, all the three large two-wheeler companies, and then Eicher, which is relatively more niche, will see some kind of uptick in terms of sales. The stock prices have already started to go up so maybe people know much more than what I am talking about.”
The trend is likely to be volatile. As long as the index stays above 19,550, an upmove towards 19,800 and then 19,920 is poosible. On the downside, support is at 19,550 and 19,450, say experts
The recent emergence of hunter algos has made life difficult for a lot of amateur option sellers who were so far accustomed to making small profits consistently on expiry days by writing OTM options