OLA - No Support yet. could fall further only as per chart

After IPO listing, I suggested few to book profits and exit and OLA will see lower price. But few said IPO is for long term investment and not just for listing gains. chart is showing the lower price now. Reason is OLA has seen new competition, and many companies entered the same business. Its very simple logic. Moreover, OLA having so many customer complaints and going rounds in social media