Escorts can test Rs 90-92, says Akshata Deshmukh, Research Analyst, Asian Markets Securities.
Deshmukh told CNBC-TV18, "The sugar stocks have seen quite a bit of run up and they aren`t making really fresh highs right now. I feel a stock like Balrampur Chini or Bajaj Hindusthan is consistently seeing a lot of out of money call options being written, so that itself indicates that a further run up in the short term is not expected.”