Ola Electric Shares Plunge, Analysts Turn Cautious

Ola Electric, a company that makes electric vehicles, is having a tough time.

The company's stock price has gone down a lot this year.

They also lost more money in the recent quarter compared to last year, and their sales decreased.

However, things look a bit better compared to the previous quarter.

Experts think the stock might keep going down.

There are some important numbers to watch, like the stock price falling below Rs 40, which could cause it to drop further.

There are some possible resistance levels where the stock might stop falling at different price points.