"All-electric Future. From India. For the world."Ola Electric Mobility Ltd
About
Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and core components for electric vehicles. These components include battery packs, motors, and vehicle frames, all produced at the Ola Futurefactory.
Key Points
Market Leadership Co. is the largest E-Scooter Manufacturing company in India, with 31% market share in the E2W sector, selling 329,618 scooters in FY24.
Product Portfolio
1. Ola S1 Pro: A premium scooter with a 195 km range, 120 kph top speed, and a 7-inch touchscreen.
2. Ola S1 Air: Offers a 151 km range, 6 kW motor power, and a 7-inch touchscreen.
3. Ola S1 X+: A budget-friendly model with a 151 km range, keyless unlock, and a 5-inch display.
4. Ola S1 X: Mass-market scooters with up to 190 km range, available in 2 kWh, 3 kWh, and 4 kWh battery options, with a 3.5-inch display.
⚡ Ola Electric – Early Signs of Revival?
CMP: ₹41.73 | View: High-Risk Accumulation | Timeframe: Daily Chart | Sector: EV
🛵 Technical View:
Ola Electric has been in a steady downtrend since its listing but now showing signs of base formation near ₹40.
MACD on multiple settings is flattening and attempting crossover.
RSI has bounced from oversold zones and moving upward.
ADX/DMI showing reduction in negative strength – trend reversal possible.
Ichimoku cloud flattening – early signal for sideways to positive shift.
🔹 Key Price Levels:
🔸Support: ₹38.5 – ₹40
🔸Breakout Zone: ₹44.5 – ₹47
🔸Resistance: ₹51.5 / ₹60
📊 Volume:
Gradual rise in volumes with sideways consolidation. First green daily candle after long lower highs.
🔍 Fundamentals & Progress:
From Screener:
Not yet profitable, but business is capital-intensive and scaling.
Valuations currently not attractive, but price is near listing lows, making risk-reward favorable for high-risk investors.
🚀 Company Developments:
✅ Ola is rapidly expanding its EV scooter sales & showroom network
✅ Ola official site: Announced upcoming electric motorcycles and focus on battery innovation
✅ Government push for EV adoption will benefit Ola long-term
✅ Founder Bhavish Aggarwal aims to build an EV ecosystem (batteries + charging infra + vehicles)
🧠 Why Watch This Stock?
Sentiment may shift as markets look for beaten-down growth stories
Ola has brand recall, scale, and distribution
Any positive update (sales, production ramp-up, JV) can trigger a move
⚠️ Disclaimer:
This is a high-risk idea, suitable only for long-term investors or speculators with risk appetite. Not a recommendation. Do your own research.
📝 Note: Please do your own due diligence. This is not a recommendation, just a view based on charts and fundamentals.
🧠 Disclaimer: For educational and research purposes only. No buy/sell advice.
📝 Chart Purpose & Disclaimer:
This chart is shared purely for educational and personal tracking purposes. I use this space to record my views and improve decision-making over time.
Investment Style:
All stocks posted are for long-term investment or minimum positional trades only. No intraday or speculative trades are intended.
⚠️ Disclaimer:
I am not a SEBI registered advisor. These are not buy/sell recommendations. Please consult a qualified financial advisor before taking any investment decision. I do not take responsibility for any profit or loss incurred based on this content.
EV
Aether, the new era EV stockAether's recent incident was very unhuman and tragic. The incident dragged the stock to 778 i.e. around 25% down. A bad news of a good company is an opportunity for the value investors to buy the stock at attractive valuation and so is with Aether. Nothing wrong with company and strong demand and quarter to come. RSI also has reversed from 24.
CMP 794
Target 880/940/1050/1120/ATH
Can be accumulated till 750 with SL of 730 for ST and 704-700 for long term investors.
Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.
Technical Analysis with Elliott Wave InsightToday, we're exploring Ward Wizard Innovations & Mobility Ltd., an Indian electric vehicle manufacturer, with an intriguing twist of Elliott Wave theory for market insights.
Before we dive into the waves, here's some background:
Ward Wizard Innovations & Mobility Limited is a publicly-held electric vehicle manufacturing company based in India. It's dedicated to producing eco-friendly electric scooters and vehicles. Not just in India, but its impact extends to countries like Uganda and Nepal.
Now, back to the chart and Elliott waves:
Recently, the stock witnessed a substantial decline from January 2022 to July 2023, followed by a period of consolidation.
Going back to its origins in May 2015 up to July 2021, we identify a significant wave ((1)), marking a robust upward trend.
This was followed by wave ((2)), an Expanded Flat correction (A)-(B)-(C) in blue. Wave ((2)) concluded near 161.8% of wave (A) as wave (C) of ((2)).
Now, the exciting part:
The best possibility is that we're currently experiencing a significant wave ((3)), known for bringing about robust upward momentum. This wave holds the potential to surpass previous all-time highs.
Elliott Wave theory is a captivating tool, helping us understand market psychology and forecast future price movements based on wave patterns.
Remember, there's a crucial detail:
We've set an invalidation level at 33.20, representing the low of July 2023. If prices drop below this level, it might indicate a different wave scenario.
Conclusion:
Our analysis hints at the potential for a strong bullish wave ((3)).
Markets are full of surprises, and risk management is your best companion on this journey.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Amaraja Batteries - Cup and Handle Cup and Handle in Making
Breakout above 710 on daily time frame
Supply zone : 800 - 1000
Support Zone : 590-610
Yearly outlook - Long IOC
Resistance @ 99, 114
Support at 60
Revise targets in April, May and August 2023-25
Pros:
1)Reduction in GRM to increase the demand.
2)Green Initialtives to be housed in existing IOC franchises.
3)Stock is trading at 0.86 times its book value
4)Stock is providing a good dividend yield of 10.7%.
5)Company is expected to give good quarter
6)S/D Gap in EV value-chain
Cons:
1)Allocation of 30T Cr of funds to state-run OMC's to the requested 50T Cr.
2)Net Profit reduction of 87% QoQ
3)The company has delivered a poor sales growth of 10.6% over past five years.
4)Company might be capitalizing the interest cost
References:
Could supply-chain issues derail the energy transition? - Mckinsley Insights, Dec 5 2022
Exide Industries, A Potential benefiter of EV push. Midcap The stock has B/O a historic resistance with good volumes and big bullish candle.
the stock may retest the B/O levels before the rally.
Place the stop loss according to your analysis and risk appetite.
Nifty Midcap 50 Index has been B/O from its resistance so is this stock.
The EV push and the capacity of Exide Industries will be an catalyst
the stock can be traded for a short term gains or for a long term holdings.
Will be good stock to hold and diversify the portfolio.
This is not a recommendation.
this is my view for the stock I and urge you all to do your own research and analysis before investing.
Note. Nifty has been in a bull rally since few weeks now and a small correction can be seen in coming days. A red candle bigger than previous one day / two days candle is the sign to sell and to save the capital. (applies to all short term positions of the trade) once the capital is saved we can take another trade at any time. Cutting the losses is the key.
I have attached below the links for related ideas, please have a look and share your opinions on that in the comment box below.
Thank you see you soon with another idea.
MAPMYINDIA is nearing triangle breakoutNSE:MAPMYINDIA is nearing triangle breakout
Entry : Wait for breakout with volume above average and then take position
Exit : When the setup is invalidated by false breakout
Target : T1 1500 T2 1650 T3 1800, giving around 11% 22% 33% returns from current price of 1345.95. Follow trailing stoploss as T1 while waiting for T2, etc.
Smallcap IT related company with strong fundamentals & financials. Income statement is good, debt to asset ratio is low (which is good), PE ratio is high to the sector, but fine compared to few peer.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
OLECTRA GREENTECH is nearing triangle breakoutNSE:OLECTRA is nearing triangle breakout
Entry : Wait for breakout with volume above average and then take position
Exit : When the setup is invalidated by false breakout
Target : Can be anything below 940, giving around 50% returns from current price of 591.5. However start booking partial profits at 720 and above.
Fundamentally income statement is good, debt to asset ratio is low (which is good), however PE ratio is high as electric buses are the need of the hour for all governments and corporate companies.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Rise of EV - Stock ModelRise of EV in India has been portrayed as game changer for auto industry and associated industries to the sector. Infact Rise of EV is happening all over world therefore it would be wise to make regular SIP in selected stock to get exposure of companies actively working to drive EV adoption in country.