Positional Trade with 95% Expected Gain OLA Elec
CMP 80
Add on dips till 70
SL CLB 64
Tgt last High 155 & More
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Naresh G
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OLAELEC trade ideas
OLA ELECTRIC: Good bet for Swing tradeEntry at 90
With the SL 66 (28%)
TARGET of 147 (58%) .
Time period : 6 Months.
Partial profit booking should be done✅
OLA : 4000Will we have 4000 stores?
Market is waiting for the walk the talk of management commentary...
Sales is later trend.. Words matters
OLA ELECTRIC MOBILITY: Consolidation After Channel Breakout.✅ Falling Channel Breakout: The stock recently broke out of a steep falling channel, indicating a potential trend reversal.
✅ Consolidation Above Support: Currently consolidating between ₹92-₹103, forming a solid base for the next potential move.
✅ Volume Spike on Breakout: Significant volume was observed during the breakout phase, adding conviction to the bullish bias.
🎯 Key Levels to Watch:
Entry: ₹103.30 (Breakout confirmation above the consolidation range)
Stop Loss: ₹88.53 (Closing Basis)
Target 1: ₹123.37
Target 2: ₹158.16
💡 Risk/Reward Analysis:
Risk: ~15% (₹103.30 to ₹88.53)
Reward: ~19% for Target 1, ~53% for Target 2
📌 Trade Setup: Wait for a breakout above ₹103.30 with volume to confirm entry. Ensure strict risk management to protect your capital.
Caution: Market volatility may influence the stock's movement. Always align trades with your investment strategy and risk tolerance.
#OlaElectric #BreakoutStocks
OLA!Important Risk-Reward Ratio
The gray zone shows where price is "testing" support or resistance.
If the price breaks above this zone, it could move upward quickly.
The Fibonacci lines act as guidelines for where the price might go.
OLAELECOLAELEC giving cup & handle breakout with decent volume. Showing consolidation phase since last 8-10 session. And now above 100 it should take a next drive. It has a potential to increase upto 20% in near future as per chart pattern. Keep it on radar.
Buy Every Dip.Buy OLA on every Dip and keep Buying till it crosses 250. Don't let fear Become your Regret Later. buy as much as you can till it's under 100.
OLA Perfect Reversal fibonacciNow this is thepower of the fibonacci Level in the market, How this is perfectly work
Electric is a fundamental call The listing was poor
The gains were never seen
But, with Ather and others coming in and many state Govt's focussing on EV's
I think the after sales and lesson learnt by the arrogant narcissist that Bhavish was are closing in.
Ola Electric Breaks Out at 75, Targeting 160Details:
Asset: Ola Electric (Ola Electric Mobility Private Limited)
Breakout Level: 75
Current Level: Near 90
Potential Target: 160
Stop Loss: Below 75 or as per risk management
Timeframe: Medium to long-term
Rationale: Ola Electric has experienced a fresh breakout at 75, and its price momentum suggests strong upward potential. Currently nearing 90, the stock could reach 160 in the medium to long term if it sustains this bullish trend.
Market Analysis:
Technical Setup: The breakout above 75 with strong follow-through volume indicates bullish sentiment, setting the stage for significant upward movement.
Industry Tailwinds: Growing interest in electric vehicles and supportive government policies enhance the attractiveness of Ola Electric as a key player in the EV sector.
Price Target:
Short-term: 90 (already reached)
Medium to Long-term: 160
Risk Management:
A stop loss below 75 is advised to protect against potential reversals.
Timeframe:
The move toward 160 is expected in the medium to long term, depending on market sentiment and company performance.
Risk-Reward Ratio:
The current setup presents a favorable risk-reward ratio, with clear breakout levels and strong growth potential driven by the EV market boom.
Monitor price movements and volume for sustained momentum while keeping an eye on macroeconomic and industry-specific developments affecting the EV sector.
Just a Pull back or formation of Bullish MAT? #OLAThe Bullish Mat Hold is a rare and powerful candlestick pattern that signals the continuation of an uptrend.
It is a consolidation pattern consists of no of candles :
A tall and positive first candle, followed by no of small, negative candles. A series of smaller candlesticks, typically bearish (red or black), showing a slight pullback or consolidation.
These candles generally stay within the range of the first large bullish candle, indicating the bulls are waiting for right time to take back the control.
However key consideration
1. The bullish mat hold is more reliable in higher time frames (e.g., daily or weekly charts).
2. Always confirm the pattern with other technical indicators (e.g., RSI, MACD) or fundamental analysis for stronger reliability.
3. Be cautious of false signals in low-volume markets or during periods of high market noise
Refer NSE:EMUDHRA chart for comparison. Similar to OLA, Emudhra after listing consolidated however the consolidation was within the first big bullish candle and the moment Emudhra broke the consolidation the stock rallied from 530.
Ola also lost track after stock listing, RSI dropped on daily chart to oversold zone. Thus, with similar formation OLA can we expect ola to hit 230 levels?
Note: the above comparison is only technical chart pattern. Fundamentals of both the companies are different and thus please take your financial advisor opinion before investing.
time to accumulate OLAIts time to accumulate OLAElectric, only for education purpose, do your own research
OLA BUY LONG TERM HI OLA is in resistance level right , in the upcoming days , i can see ola to be moving the upside direction (its long time trade )
Time to buy #olaelectricTime has arrived to buy olaelectric, i would start buying now, do you own study, its only for education purpose
OLA If Ola dumps more 📉 📉 than possible support could be at 53.86
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
#OLAELEC Trading in the zone we wanted#OLAELEC Trading in the zone we wanted. Now we wait for a buy set up to form.
If its bullish now we will get a buy et up, else it dumps. Now Keeping a track.
OLAELECbuy now at 114 ad add more above 119 close, for the target 133 and 157.stoploss at 99 on closing basis, descending triangle BO with volumes.
Ola electric- waiting for it to come at 70 to buyWaiting for Ola electric to come below 70 and then hold to buy, this is my personal view, you can consult your advisor
Best time to Buy OlaElectric share for New Buying.Fibonacci retracement analysis on a price chart, likely for a stock or cryptocurrency. Here's a breakdown of the key elements in the chart:
Key Components:
1. Fibonacci Levels:
- 0% (157.61)
- 23.60% (138.23)
- 38.20% (126.23)
- 50.00% (116.54)
- 61.80% (106.85)
- 100% (75.46)
2. Price Action:
- The price has retraced from a recent high at the 0% level.
- It seems to be hovering around the 61.8% retracement level.
3. Highlighted Zone:
- The chart indicates a "Best Zone to New Buying" in the range between the 61.8% level and slightly below.
Analysis:
1. Fibonacci Retracement:
- The Fibonacci retracement levels are commonly used to identify potential reversal levels in the market. The 61.8% level is particularly significant as it often acts as a strong support level during a pullback.
2. Price Reaching 61.8%:
- The price action appears to be respecting the 61.8% Fibonacci retracement level, which is often seen as a critical level for potential buying opportunities.
3. Buying Zone:
- The highlighted zone around the 61.8% level is labelled as the "Best Zone to New Buying." This is a reasonable assertion based on traditional Fibonacci analysis. The 61.8% level is widely recognized as a golden ratio, where traders often look for price reversals or continuation of the trend.
