Parallel Channel + S/R Flip Zone — Price Action StudyDescription
📊Left Chart — Weekly Timeframe | Parallel Channel Structure
- The weekly chart presents a textbook descending parallel channel, formed through a series of Lower Lows (LL) and Lower Highs (LH) — the classic definition of a prevailing downtrend in price action theory. What makes this chan
Ola Electric Mobility Limited
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Next report date
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Report period
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EPS estimate
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Revenue estimate
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−5.28 INR
−22.76 B INR
41.24 B INR
2.01 B
About Ola Electric Mobility Limited
Sector
Industry
CEO
Bhavish Aggarwal
Website
Headquarters
Bangalore
IPO date
Aug 9, 2024
Identifiers
2
ISIN INE0LXG01040
Ola Electric Mobility Ltd. operates an electric vehicle mobility platform and manufactures charging and battery-swapping solutions for the commercial electric vehicle. It builds vertically integrated technology and manufacturing capabilities for electric vehicles and electric vehicle components, including cells. The company was founded by Bhavish Aggarwal on February 3, 2017 and is headquartered in Bangalore, India.
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OLA ELECTRIC ($OLAELEC) – Breakout from Long-Term Market Outlook: High-Momentum Reversal
Analyst: Nishant Pathak (NISM Certified)
Technical Analysis Breakdown:
Trendline Breach: After months of consistent "Lower Highs," the stock has finally broken above a massive Descending Trendline. This signals that the long-term bearish grip is finally weake
Swing trade scenario - OLAELECOLAELEC - is contineously going down by making lower low and lower highs. Now it has shown a strenght and willingness of reversal as per price action/SMC. Though it is in early phase of buildup but may leave a bottom at this level as well. So we should closely observe the priceaction on identified l
OLA Electric Mobility Limited 1 Week Time Frame 📉 Current Price Context
The stock recently traded around ₹28–₹30 range on NSE/BSE, having slid sharply amid weak sentiment and brokerage downgrades.
It has been near 52-week lows (~₹30-₹31) recently.
Daily technical indicators show bearish momentum and oversold conditions on RSI.
📊 1-Week Time F
OLA ELEC – Weekly Analysis | Possible Double Bottom + Fibonacci Price Zone of Interest: ₹39–₹41
Stop-Loss (Weekly Close Basis): ₹34
Timeframe: Weekly
Bias: Potential Long Setup (High Risk, Technically Driven)
Entry / SL / Targets
🟢 Entry Zone (Accumulation Zone):
✔ ₹39–₹41
🔴 Stop-Loss (Strict Weekly Close):
✔ ₹34
Below this, the double-bottom pattern fails.
🎯
OLAELEC 1 Day Time Frame 📊 Key Daily Levels (Support & Resistance)
From pivot analysis & live technical indicators (today’s data):
Pivot: ~₹34.72
Resistance Levels:
• R1 ~ ₹35.83
• R2 ~ ₹37.56
• R3 ~ ₹38.67
Support Levels:
• S1 ~ ₹32.99
• S2 ~ ₹31.88
• S3 ~ ₹30.15
These are the real-time intraday/daily pivot support &
Ola Electric Mobility – First Impulse: Trade Wave 5
Ola Electric, which got listed on 9 Aug 2024, witnessed a brief rally followed by a deep correction that unfolded as a triple zigzag (W–X–Y–X–Y), completing on 14 Jul 2025.
Since then, the stock has been forming its first impulse wave:
Wave 1: A strong single candle move of over 18%, facing resis
OLAELEC 1 Week Time Frame Current context
Price: ~ ₹ 52.82 as of 24 Oct 2025.
52-week range: ~ ₹ 39.60 (low) to ₹ 102.50 (high).
Fundamentals are weak: large losses, negative ROE/ROCE.
On the upside there is some sentiment (new product launches, PLI certification) but also heavy risk.
Technical levels for next 1 week
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Weight 0.27%
Market value 51.75 K
Weight 0.17%
Market value 7.75 K
Weight 0.23%
Market value 6.82 K
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Frequently asked questions
The current price of OLAELEC is 40.08 INR — it has decreased by −6.55% in the past 24 hours. Watch Ola Electric Mobility Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange Ola Electric Mobility Limited stocks are traded under the ticker OLAELEC.
OLAELEC stock has risen by 33.12% compared to the previous week, the month change is a 61.27% rise, over the last year Ola Electric Mobility Limited has showed a −21.72% decrease.
We've gathered analysts' opinions on Ola Electric Mobility Limited future price: according to them, OLAELEC price has a max estimate of 35.00 INR and a min estimate of 20.00 INR. Watch OLAELEC chart and read a more detailed Ola Electric Mobility Limited stock forecast: see what analysts think of Ola Electric Mobility Limited and suggest that you do with its stocks.
OLAELEC reached its all-time high on Aug 20, 2024 with the price of 157.53 INR, and its all-time low was 21.21 INR and was reached on Mar 2, 2026. View more price dynamics on OLAELEC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
OLAELEC stock is 6.08% volatile and has beta coefficient of 0.95. Track Ola Electric Mobility Limited stock price on the chart and check out the list of the most volatile stocks — is Ola Electric Mobility Limited there?
Today Ola Electric Mobility Limited has the market capitalization of 168.58 B, it has increased by 12.57% over the last week.
Yes, you can track Ola Electric Mobility Limited financials in yearly and quarterly reports right on TradingView.
Ola Electric Mobility Limited is going to release the next earnings report on May 28, 2026. Keep track of upcoming events with our Earnings Calendar.
OLAELEC earnings for the last quarter are −1.10 INR per share, whereas the estimation was −0.93 INR resulting in a −18.70% surprise. The estimated earnings for the next quarter are −0.96 INR per share. See more details about Ola Electric Mobility Limited earnings.
Ola Electric Mobility Limited revenue for the last quarter amounts to 4.70 B INR, despite the estimated figure of 5.14 B INR. In the next quarter, revenue is expected to reach 3.17 B INR.
OLAELEC net income for the last quarter is −4.87 B INR, while the quarter before that showed −4.18 B INR of net income which accounts for 0.00% change. Track more Ola Electric Mobility Limited financial stats to get the full picture.
No, OLAELEC doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 15, 2026, the company has 13.73 K employees. See our rating of the largest employees — is Ola Electric Mobility Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Ola Electric Mobility Limited EBITDA is −14.06 B INR, and current EBITDA margin is −51.07%. See more stats in Ola Electric Mobility Limited financial statements.
Like other stocks, OLAELEC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Ola Electric Mobility Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Ola Electric Mobility Limited technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Ola Electric Mobility Limited stock shows the neutral signal. See more of Ola Electric Mobility Limited technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









