OLECTRA trade ideas
Olectra Greentech Ltd - Long Setup, Move is ON...#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 consult your financial advisor before taking any trade.
Olectra ready to fly for more Olectra is given amazing breakout and more juice left to go upside possibly from here . Breakout is confirmed and volumes generated over The month .
Olectra- beautiful cnh1) massive volume up when stock went higher
2) stock consolidated on lower volumes
3) bo again on volume expansion
sl at 660
OLECTRA GREENTECH TARGET 1519ELECTRA GREENTECH monthly and weekly upward channel breakout with bullish mode. It it sustains the above weekly by a retracement of 1089 support, then it will reach the target of 1519. Stop loss 1089
Olectra Greentech Ltd - Long Setup, Move is ON...#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 your financial advisor before taking any trade.
OLECTRA - Long Setup, Move is ON..NSE:OLECTRA
✅ #OLECTRA trading above Resistance of 988
✅ Next Resistance is at 1146
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. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Olectra Greentech Breakout on Monthly Charts Olectra Targets 1600++ supports 800/820 zone
Use the Dips supported with good volumes
OLECTRA GREENTECH CAN GO LONG Buy signal was above 939 level and already retested. Can take Swing positions in this.
OLECTRA GREENTECH WEEKLY BREAKOUTIt has given weekly breakout and may have potential to give approx. 50% or more return in next 1 year.
I have tried to plot probable moves in the future based on past price movements. However, price movement is subject to market conditions and any unforeseen events.
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
Technology Partner
Agreement with BYD until 2025 for supply of battery
Charging Stations
As on Feb 2022, 16 charging stations were operational and 24 were under development
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The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my discretion, contingent upon prevailing market conditions and the occurrence of specific events.
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Can buy OlectraWe can buy Olectra
2x Daily Volumes of more than 20Day Moving Average
Auto Sector also in good uptrend
SL 770
1st Target 1045
OLECTRA - Long Setup, Move is ON..NSE:OLECTRA
✅ #OLECTRA trading above Resistance of 740
✅ Next Resistance is at 988
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. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
OLECTRAOLECTRA
Red is 20EMA
Green is 200EMA
Market is in Uptrend Good chance for breaking All time high
Break above Swing High
So Entry - 740-745
SL- candle close below weakly candle low (or)- 675
Sl is High Safe trader can wait for Retracement and Enter @ 700
TGT-840,940,1050
EXIT
1ST TGT With SL
Wait for 2ND TGT With SL Cost to Cost or Trail
Olectra greentech breakoutOlectra greentech gave trendline and range breakout
good to keep on radar.
Olectra - Mumbai Order riseWith Olectra finally winning the Mumbai order the stock could see some traction.
The stock could break the wedge above 720.
The stoploss (630) here would be slightly deep hence i'd take a smaller position and gradurally look to pyramid.
Triangle pattern in olectraForming a triangle pattern after a sharp up move. The company is ev based & has very good fundamentals.
OLECTRA long for 8%buy above 685 tgt 743 SL 646 strategy based on candle sticks pattern catch bottom
