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.OLongby Kumarpal_8119
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 advisorOby tvihaan07338
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. Oby Premcool3320