If 1644 sustains in weekly then 📈 2800 possible within or on 27th May 2024
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
OLECTRA is in uptrend and currently facing some resistance and some sideways expected. Any dip in the coming days will be an opportunity to fill your average your portfolio. Olectra will make a fresh high soon .
NOTE : I'm not a SEBI REG . Study before investing .
OLECTRA is in a small range and currently moving for a POLE & FLAG pattern. Expect another rally in coming months.
NOTE: I'm not a SEBI REG. Study before you make investment.
#OLECTRA trading above Resistance of 1501
Next Resistance is at 2108
Support is at 1051
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and...
📊 DETAILS
Sector: Electronics - Components
Mkt Cap: 10,472 cr
Olectra Greentech Limited was incorporated in 1992. The Company is primarily engaged in the manufacturing of composite polymer insulators and electrical buses. Its registered office is in Hyderabad.
TTM PE : 133.32 (Average PE)
Sector PE : 59.26
Beta : 0.52
📚 INSIGHTS
Strong...
Olectra formed cup and handle on hourly and retracing near the C&P line ~1800.
Taking support from 1800 it can give target up to 2050
1750 is stop loss for this trade.
NSE:OLECTRA
✅ #OLECTRA trading above Resistance of 1501
✅ Next Resistance is at 2108
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
#OLECTRA trading above Resistance of 1291
Next Resistance is at 1501
Support is at 817
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Olectra Greentech Looks Good For Swing as well as Investing, Also Goverment announced 8,00,000 Diesel Buses to Be Replace on Indian Roads, so Directllly Benifit to Stock
Also Stock Chart Looking Good, Breaking Major Resistance along with Strong Volume.
KEEP ON RADAR
Manuctures of Ebuses and composite polymer insulators. 50 % promoter holding with zero promoter pledge . Stock has shown continuous upmovement after a news of getting orders from Telengana road transport corporation and Maharashtra Govt. Can expect red due to profit booking. Decreasing trend of promorter holding also gives a negative expectation in short term....
NSE:OLECTRA
✅ #TI trading above Resistance of 1146
✅ Next Resistance is at 1501
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
#OLECTRA trading above Resistance of 1051
Next Resistance is at 1291
Support is at 765
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
#OLECTRA trading above Resistance of 900
Next Resistance is at 1051
Support is at 665
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
