India-world's second largest motorcycle market.

India is the world's largest market for motorcycles behind China, but it is overwhelmingly dominated by smaller, inexpensive bikes used primarily for transportation
It is also a market dominated by several well-entrenched Japanese and Indian manufacturers. Hero Honda, a joint-venture between Japan's Honda Motor Co. and India's Hero Group, holds the biggest market share among two-wheelers. Honda, Suzuki and Indian motorbike maker Bajaj Auto are also major players.
Motorbikes, scooters in India are family commuting bikes.They tend to be more robustly built and the focus is on fuel economy, but there is an increasing market for leisure and high-end bikes which is beginning to happen here in India.
It's the Harley-Davidson superbike which will make its debut in India in 2010.

Tracking the Dow,thursday 27/08/09.(3 weeks to triple Witching)

Asian Index Futures Expiry:31/08/09.
9:30am:--Gap down opening with bearish hammer.

Weakness ahead of the preliminary second quarter GDP reading and the latest batch of weekly jobless claims news.

10:30am:--First hour low with intermittent bulls.

The preliminary second quarter GDP reading showed an annualized decline of 1.0%, which is better than the 1.5% decline that was expected.

11:30am:--Bulls are holding at the bear pivot.

Currently, crude is trading 2% lower at $70.00 per barrel.

12:30noon:--A retracement to the MAV resistance piercing through it.

The latest jobless claims report at 570,000, initial claims were largely in-line with expectations.

1:30pm:--Bulls have hit the morning session high and are on upward bias.

Stocks are holding on to the session's broad-based recovery since the weak open this morning.

2:30pm:--A new day's high peak with a hangman in action.

Dollar-sensitive stocks in the materials and energy sectors garnered support as the Dollar Index fell from positive territory to a 0.7% loss late in the session.

3:30pm:--A pullback is finding support at the bull pivot.

AIG (AIG 47.84, +10.15) surged as short-sellers scrambled to cover their positions in the holding, while banks also provided support.

4:00pm:--A bullish harami close.

Today candlestick pattern:-a bullish dragonfly doji.

The Dow is now in its eighth straight advance, a feat that hasn't been accomplished in years.

Further evidence the recession is ending came in a report Thursday confirming that the economy shrank at an annual rate of just 1 percent in the spring.

Thursday's pullback just touches the bull pivot of last Friday signifying the bulls still wants full control of the market.

The Dow is now only 292.84 points to break the 52 weeks bull resistance.(9,873.47)