SENSEX 1D Time frame📉 Current Market Snapshot
Closing Price: ₹81,904.70
Day's Range: ₹81,641.38 – ₹81,992.85
52-Week High: ₹85,978.25
52-Week Low: ₹71,425.01
Previous Close: ₹81,548.73
Market Cap: ₹1,63,02,221 crore
P/E Ratio: 22.7
Dividend Yield: 1.18%
Price-to-Book Ratio: 4.35
1-Year Return: +0.47%
5-Year Return: +16.1%
10-Year Return: +12.2%
All-Time High: ₹85,978.25 (Sep 2024)
VWAP: ₹81,758.95
Volume: 12,856,963 shares
ATR (14): ₹5.72
Olaelecticmobility
We are in the 2nd phase in Nifty So the market moved exactly as we planned. NSE:NIFTY hit the 24750 target and then a Sell-on-Rise move dragged it lower into the close.
This is why I mentioned yesterday that my stance would stay ‘Cautiously Bullish’.
- Now, Nifty’s Pivot has shifted up to 24619.
- PP stands at 0.16%.
- Sellers’ volume is heavier than buyers by about 35 million.
If we connect these points, if Nifty opens below Pivot and breaks the 24550 support, then we may see a quick drop towards 24450. If that level also gives way, then 24250 could come into play.
But remember, individual stocks will still perform better. So stay stock-specific this and next week. Don’t chase breakouts, and avoid buying on MTF for now.
This looks like a shakeout phase — needed to bring liquidity before Bulls take control again. Market trends always move in 3 phases:
1. Accumulation
2. Manipulation
3. Distribution
Right now, we are in phase 2 (manipulation). The key is to spot where liquidity is building — that’s where you’ll find the exact bottom.
NSE:BANKNIFTY is still holding support at 23575. If that breaks, 52680 can be expected in the coming days. Resistance sits at 54029.
Sector-wise, construction and sugar look strong for tomorrow.
My Today’s trades and performance:
1. NSE:MOBIKWIK – up 18.23%
2. NSE:VIMTALABS – up 16.83%
Both hit upper circuits, so we booked full profit. Also fully booked $NSE:OLAELEC.
That’s all for today. Take care. Have a profitable tomorrow.
Ola electric: matched our Stock analysisOla will soon hit the next level : 63.5.
Weekly candle shows strength and good momentum.
Trend is intact and trend resistance lines are now support, so keep trailing with the momentum.
Fibonacci levels are also supporting.
Follow the cbsl of 40 as mentioned in previous post, and trail the target 🎯 64.
Keep adding around 45..48.
OLA Electric (Daily Timeframe) - Potential Bullish BreakoutOLA has been on a downtrend ever since it's IPO and recently it has shown signs of a reversal . Past few days, the stock has been attempting to Break-Out a major resistance multiple times, as indicated. Today it was able to breach the resistance with huge volume. The next few trading sessions will indicate the stock's trend.
Possible targets are, 62 & 80 if the stock sustains the uptrend.
To be monitored !!!
OLA Baloon is BrustLast 2 Days rally of the Ola Share Today is brust the price is going to up because of the strong PR and company is giving the strong guidense of the Upcoming days, but as per the fundamental of company and result is not showing this, this company is currently in the loss making, company is loss market share and high competition this share is major concern,
Now but this all things is discount in the price, if you are sure this company us survive this situation you can buy for the long term, But short term this give pain for the portfolio
Market breadth improved. Positive Nifty. So as we analysed yesterday – NSE:NIFTY gave a good move today. The higher buyers’ volume from yesterday reflected well and the index managed to close above the critical resistance of 25000.
But here’s the catch – even with such a strong closing, there’s no sign of fresh buying in Nifty. Today’s move was mostly due to short covering.
If we look at the data, most of the buying in the market is coming from retailers’ SIP flows. Mutual funds are doing the bulk of the buying, while FIIs continue to short and remain heavily bearish on Index Futures.
The good part is – all that FII selling is being absorbed by DIIs.
Now let’s talk about tomorrow's market view:
Nifty’s pivot has moved slightly higher to 25023 – that’s a positive sign. Pivot percentile is tight at 0.11%, which usually signals that a sharp move is coming.
Buyers also beat sellers by 41 million in volume – again, a good signal.
So tomorrow, two scenarios to watch:
1. If the market opens above the pivot and sustains, a sharp move can come.
2. If it touches support at 24950, bounces back, and sustains above the pivot for an hour – then also a sharp upside is likely.
But remember, if Nifty opens below the pivot and stays under 25009, we could see a quick downside spike. Since tomorrow is expiry, I’m keeping both possibilities in mind.
That said, my view remains bullish. If any opposite move comes, I’ll treat it as a buying opportunity – no need to panic.
Next resistance is at 25222 and support is at 24950. Market breadth is also positive.
NSE:BANKNIFTY is facing resistance at 56098. Only a break above this can give momentum. One point to note – sellers’ volume in BankNifty was 5 million higher than buyers today, so keep that in mind for tomorrow.
On the sectoral side – NSE:CNXFINANCE and Fertilizers look good for tomorrow. And IT – like I mentioned earlier – when the market bounces, NSE:CNXIT will be the first to move up with strength. It’s already performing well, so keep a close watch there.
How my recent trades performed today:
1. NSE:OLAELEC up 18.69% 🚀
2. #ANTHEM gave 4%+ intraday
3. NSE:GODFRYPHLP up 12.83%
4. #SWIGGY up 2.77%
That’s it for today. Take care and have a profitable tomorrow.
Potential 30% Upside on OLA – Breakout from Downtrend📈 Analysis Overview:
After an extended downtrend, OLA has finally broken out of the descending resistance line with strong bullish momentum. Price action has respected the major support zone around ₹39.69, which has acted as a key demand area in the past.
✅ Key Levels to Watch:
Support: ₹39.69 (strong base)
Intermediate Resistance: ₹45.44 (current retest area)
Targets: ₹54.80 and ₹58.36
Potential Upside: ~31% from current levels
📊 Trade Plan:
Entry Zone: Around current price action, ideally after a minor pullback/retest of the breakout trendline.
First Target: ₹54.80
Final Target: ₹58.36
Stop Loss: Below ₹39.00 to maintain good risk-reward
📈 Rationale:
Clear breakout after prolonged selling pressure
Strong support confirmation near ₹39.69
Volume expansion signals possible accumulation phase
Technical projection shows a potential ~30% upside within the next 3–4 weeks
📝 Note:
This is a swing trade idea based on technical structure. Always manage risk and adapt to market conditions.