Olectra Greentech Limited setting up for big moveOlectra Greentech Limited, a mojor electric bus company, in DTL BO zone. Also anticipation of BO of AVWAP from 52W High. Longby takmanish0071
Olectra GreentechOlectra getting ready for move towards 2800 till it holds 1500 levels cmp 1800 R:R 1:4Longby diwakar.solanki5
Breakout in OLECTRA GREENTECH Descending Triangle Breakout Setup RSI near 60 and rising Trading above EMA50 Volume spurt Disc: for study, not a recommendation Longby plus_charts0
#OLECTRA , bullish counterStock has given a breakout at the star of the year and pulled back and re-tested the 0.618 levels maintinaing the swing and trend , I see good strength in both momentum and cash flows on this counter on the upside with a good risk to reward ratio . The breakout of the triangle shoudl trigger a good short term move . Level plots on the chart . Cheers ~ Longby srinivasbusy3
Olectra Greentech next target of 3000Olectra Greentech chart pattern is repeating itself 3rd time, so far it has almost completed the consolidation exactly the same way it did last 2 times after making new LTHs, shown by pole arrows with numbers. This is very much similar to P&F pattern so after consolidation is over the pole length is becoming the target from the point the flag trendline is broken. Half of the work means consolidation is almost seems completed and trendline is about to be crossed. After that it must start the run to achieve the target of 3000 in few days. Fundamentally it is a leader in EB bus segment and also started R&D work in Hydrogen bus segment partnering with Reliance. They are trying to increase their production capacity and if it gets done by the coming 3 quarters as per plan then for sure 3000 is a justifiable target. * It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade at your own risk.Longby brainyAccount812432
OLECTRA GREENTECH Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. You can connect me on INSTA for further query at _prem_.23 EV stocks looks good...Longby premganatraa0
OLECTRA Swing TradeOlectra has been trading with in a triangle pattern, taking strong support on 1600 zone. Likely to move upside and hit the all time high.Longby Thariprasad2
Olectra Green Tech - Catch them young- Best above 1745Olectra Green Tech - I See RSI - Divergence. Best to add above - 1745 Views Invalid below - 1565 Disclaimer : Educational Content and do not treat this as recommendation.Longby jain_geetesh0
Buy Olectra for a target of 2100Buy Olectra for a target of 2100 in 2-3 weeks Can be added to portfolio, should give good returns one next 1-2 years Stop loss weekly close below 1550Longby muruganandam88173
Olectra greentech 📈 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.Longby KilopapaUpdated 226
Fresh Buying in OLECTRA GREENTECH Few months ago I bought olectra greentech at 1350, it crossed 2000 and now is trading near 1650. Olectra's quarterly results were declined and now we have an opportunity to buy and there will be a breakout soon in it, also fundamentals are great I have more confidence in itLongby Rishi_Anil_Shah6
OLECTRA : Super Bullish move!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 . by tradingcults224
Correction of 1 hr If this Script can sustain the 1900 mark then according to price action it can go further 25 -30 % until next correction Longby heartruler27121
Olectra Losing Strength (Study Purpose)Olectra may retest previous breakout levels because Rsi losing strength and given breakdown. Retest levels Rs1800-Rs1700, further breakdown could take it to Rs1450 levels. SL previous high of Rs2222 closing basis. Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by professionals. Be careful before investing and consult your advisor before making such decisions. I am not responsible for any mishaps or losses or gains. Not a registered sebi member. Not invested yet.Shortby nitinKguptaUpdated 116
Olectra Greentech Bulllish# BO of Flag & Pole Structure in Weekly TF # Volumes increasing after consolidation # Confirmation of BO by rising volumes # Target 1 - 1915 , Target 2 - 2300 This is for educational purpose. Do your own analysis before investing.Longby TradewidshubhamUpdated 4
OLECTRAOLECTRA 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.by tradingcultsUpdated 9
Olectra Greentech Ltd - Long Setup, Move is ON...#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 educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohliUpdated 6
OLECTRA | Swing Trade📊 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 Performer Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation 15.58% away from 52 week high Underperformer - Olectra Greentech up by 5.42% v/s NIFTY 50 up by 6.91% in last 1 month 📈 FINANCIALS Piotroski Score of 6/9 indicates Average Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 2236
Olectra : Flag Pole Breakout- more fire leftOlectra : In Top Gear Flag Pole Breakout done, seems more fire left Long only above 2060, immediate support at 1945Longby roshansaiUpdated 5
Patterns...Last time this patterns occurred, it gave me good returns. Will it repeat again, or will it take away some of my previous profits...only time will tell. --- --- --- “Humans are pattern-seeking story-telling animals, and we are quite adept at telling stories about patterns, whether they exist or not.” ― Michael ShermerLongby srjatavUpdated 3
Olectra prediction on possible movesOlectra 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.Longby brainyAccount81243Updated 113
Ole ole olectra!!!Beautifull cup with handle pattern. Strong volume Huge upside possible Longby stock-it-up111
One of the best stock for next few weeks-Ascending triangle breakout with high volume shows strength in breakout and confidence in traders -before breakout consolidated for long which is good sign for next rally -above all crucial levels and EMA -rsi also looking strongLongby MarketikUpdated 8